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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| Kolejni autorzy: | , |
| Format: | Czasopismo |
| Język: | English |
| Wydane: |
Washington, D.C. :
International Monetary Fund,
1999.
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| Seria: | IMF Working Papers; Working Paper ;
No. 1999/083 |
| Dostęp online: | Full text available on IMF |