Making Waves by Diane Yen-Mei Wong
Sebastian Dullien gives a novel explanation for unemployment and inflation in the Euro-Zone. He argues that unemployment stems from a lack of co-operation between unions and monetary authorities: In an economy with endogenous money as EMU, wage setters are responsible for price stability while the central bank is responsible for the level of output. Co-operation between both actors is necessary for high employment and low inflation. The current institutional set-up is found to be unable to assure cooperation.| SKU | Unavailable |
| ISBN 13 | 9780807059050 |
| ISBN 10 | 0807059056 |
| Title | Making Waves |
| Author | Diane Yen-Mei Wong |
| Series | Asian Voices |
| Condition | Unavailable |
| Binding Type | Paperback |
| Publisher | Beacon Press |
| Year published | 1989-06-28 |
| Number of pages | 481 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |