Journal article
The Assessment: Macroeconomic Policy after EMU.
- Abstract:
-
In this paper we discuss the emergence of the new European macroeconomic structure within EMU. We focus on three important elements: the wage-fixing authorities in each country, the fiscal authorities in each country, and the single European Central Bank (ECB). We identify serious problems which might arise in coordinating both the wage-setters and the fiscal authorities, and argue that these problems could be exacerbated if the ECB conducts monetary policy inappropriately. In the light of th...
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Bibliographic Details
- Journal:
- Oxford Review of Economic Policy
- Volume:
- 14
- Publication date:
- 1998-01-01
- ISSN:
-
0266-903X
Item Description
- Language:
- English
- UUID:
-
uuid:b959faa5-14fa-4375-b2b2-dc1b80da4795
- Local pid:
- oai:economics.ouls.ox.ac.uk:11273
- Deposit date:
- 2011-08-16
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Terms of use
- Copyright date:
- 1998
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