£72.07

Springer Wages and the Euro (Contributions to Economics)

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£74.30 £32.17 £41.36 £50.55 £59.75 £68.94 £78.13 09 June 2024 13 November 2024 20 April 2025 24 September 2025 01 March 2026

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64 days 287 days 148 days 78 days 9 days 9 days 4 days · current 16 days 16 days 0 72 144 215 287 £36 £49 £51 £64 £66 £71 £72 £73 £74 Days at Price

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Most common price: £49 (287 days, 45.5%)

Price range: £36 - £74

Price levels: 9 different prices over 631 days

Description

With the abolition of exchange rates the role of wage formation in the European Monetary Union changes fundamentally and national economic policy in particular fiscal policy faces new restrictions. These are analysed in the first two chapters. A major impact is expected for wage formation. To achieve a convergence of economic developments wage finding has to follow in all EMU member countries basically the same rules. An empirical investigation using econometric methods show that this is presently not yet the case. In particular in the southern European countries wage finding is different from that in the rest of the EMU. Frequently the introduction of Euro is perceived as a signal to lower wages all over Europe to overcome the dismal employment situation. The book addresses the question whether such a race for lower wages is appropriate in terms of employment creation.

Product Specifications

Format
Paperback
Domain
Amazon UK
Release Date
01 January 1999
Listed Since
10 December 2006

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