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...
Tác giả chính: | |
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Tác giả khác: | , |
Định dạng: | Tạp chí |
Ngôn ngữ: | English |
Được phát hành: |
Washington, D.C. :
International Monetary Fund,
1999.
|
Loạt: | IMF Working Papers; Working Paper ;
No. 1999/083 |
Truy cập trực tuyến: | Full text available on IMF |