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...
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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