Real Wage Rigidities, Fiscal Policy, and the Stability of EMU in the Transition Phase /

EMU started with eleven member countries as scheduled on January 1, 1999. The paper shows that the primacy of politics over economics in this decision could have serious consequences concerning the stability of EMU in the transition phase. Speculative attacks against currencies which are in economic...

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Manylion Llyfryddiaeth
Prif Awdur: Thode, Eric
Awduron Eraill: Berthold, Norbert, Fehn, Rainer
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 1999.
Cyfres:IMF Working Papers; Working Paper ; No. 1999/083
Mynediad Ar-lein:Full text available on IMF

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