The Interaction of Monetary Policy and Wage Bargaining in the European Monetary Union: Lessons from the Endogenous Money Approach

by Sebastian Dullien

The Unsolved Unemployment-Inflation Puzzle Development of Literature on Interaction of Monetary Policy and Wage Bargaining European Empirics Problem with Standard Criticising the Real Balance Effect Monetary Policy Transmission in a World of Endogenous Money Output and Prices in a World Without the Real Balance Effect The Central Restrictions in a World of Endogenous Money Optimal Policy Mix and Logic of a Social Pact Conclusion

290 pages, Kindle Edition

First published January 1, 2004