Is monetary union necessarily counterproductive?

被引:1
作者
Diana, G [1 ]
Zimmer, B [1 ]
机构
[1] Univ Strasbourg 1, BETA Theme, F-67085 Strasbourg, France
关键词
monetary union; employment; inflation;
D O I
10.1016/j.econlet.2005.05.011
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper analyses the case of a monetary union between identical countries characterised by oligopolistic competition in their labour market. It suggests that the switch to a common currency may improve their macroeconomic performances depending on labour market features. (c) 2005 Elsevier B.V. All rights reserved.
引用
收藏
页码:61 / 67
页数:7
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