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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Detaylı Bibliyografya
Yazar: Thode, Eric
Diğer Yazarlar: Berthold, Norbert, Fehn, Rainer
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 1999.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 1999/083
Online Erişim:Full text available on IMF