Download or read book Monetary Union Employment and Growth written by Pier Carlo Padoan and published by . This book was released on 2001 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Monetary Union Employment and Growth written by Pier Carlo Padoan and published by Edward Elgar Publishing. This book was released on 2001-01-01 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Monetary Union, Employment and Growth provides a thorough and well-developed analysis of the macroeconomic and microeconomic implications of the single currency.' - Terrence Casey, Journal of European Area Studies 'This book offers an in-depth discussion of two highly topical European issues - the single currency and unemployment - making it suitable for professional economists and post-graduate students in economics, international relations and European studies.' - European Access There exists a twofold relationship between the factors affecting adoption of a single currency in Europe, employment, and growth. On one hand, the operation of the euro will be hindered if rigidities in labour and product markets persist - hence low employment and slow growth may be a cause of poor performance of the single currency. On the other hand, the functioning of the euro will affect future patterns of European employment. Pier Carlo Padoan and his distinguished group of contributing authors go beyond the common European-based debates to consider the impact of the euro as a global currency on the evolution of European labour, product, and regional markets.
Download or read book Market Regulation Cycles and Growth in a Monetary Union written by Mirko Abbritti and published by International Monetary Fund. This book was released on 2019-06-03 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: We build a two-country currency union DSGE model with endogenous growth to assess the role of cross-country differences in product and labor market regulations for long-term growth and for the adjustment to shocks. We show that with endogenous growth, there is no reason to expect real income convergence. Large shocks, through endogenous TFP movements, can lead to permanent changes of output and real exchange rates. Differences are exacerbated when member countries have different product and labor market regulations. Less regulated economies are likely to have higher trend growth and recover faster from negative shocks. Results are consistent with higher inflation, lower employment and disappointing TFP growth rates experienced in the less reform-friendly euro area members.
Download or read book European Monetary Union and the Future of European Labor Markets written by Steven Rummell and published by . This book was released on 2000 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The European Monetary Union written by Thomas Rhein and published by . This book was released on 1995 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Employment Growth and Price Levels written by United States. Congress. Joint Economic Committee and published by . This book was released on 1959 with total page 1922 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the possibility of combining three economically desirable goals: an adequate rate of economic growth, substantially full employment or maximum employment, and substantial price stability.
Download or read book Currency Unions Economic Fluctuations and Adjustment written by Mr.Tamim Bayoumi and published by International Monetary Fund. This book was released on 1996-08-01 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the sources of disturbances to output in the United States and a set of EU countries and analyzes labor market adjustment mechanisms in these two economic areas. Comparable datasets comprising 1-digit sectoral data for eight U.S. regions and eight European countries are constructed and used to compare the degree of industrial diversification and the relative importance of different sources of shocks to output growth. Both areas are found to be subject to similar overall disturbances although a disaggregated perspective reveals some important differences. The major difference, however, is in labor market adjustment. Interregional labor mobility appears to be a much more important adjustment mechanism in the United States, which has a more integrated labor market than the EU.
Download or read book Wages and the Euro written by Gustav A. Horn and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the abolition of exchange rates the role of wage formation in the European Monetary Union changes fundamentally and national economic policy in particular fiscal policy faces new restrictions. These are analysed in the first two chapters. A major impact is expected for wage formation. To achieve a convergence of economic developments wage finding has to follow in all EMU member countries basically the same rules. An empirical investigation using econometric methods show that this is presently not yet the case. In particular in the southern European countries wage finding is different from that in the rest of the EMU. Frequently the introduction of Euro is perceived as a signal to lower wages all over Europe to overcome the dismal employment situation. The book addresses the question whether such a race for lower wages is appropriate in terms of employment creation.
Download or read book Monetary Union and Collective Bargaining in Europe written by Philippe Pochet and published by . This book was released on 1999 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: The contributors to this study examine the ways in which monetary union will affect collective bargaining in the six states that are adhering to the principles laid down in the Maastricht Treaty on convergence and monetary union.'
Download or read book Challenges for Economic Policy Coordination within European Monetary Union written by Andrew J. Hughes Hallett and published by Springer Science & Business Media. This book was released on 2013-06-29 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: The launch of European Monetary Union (EMU) marked the beginning of a new era, and its establishment has proved an impressive success at the technical, legal, and procedural level. After all, EMU has accelerated economic and political integration in the European Union and tied the economies of the Member States closer together. However, the performance of the euro, high unemployment rates, uneven output and investment growth, and the issue of structural reforms that have yet to be tackled have raised questions about the performance of EMU in practice. There is a general consensus on the justification for economic policy coordination. The existing literature on economic policy coordination, however, seems far from able to provide robust conclusions about how to organize the necessary interaction of institutions and policies. Therefore, there seems to be a case for re-examining the subject under the new framework set by EMU. The objective of such a reassessment is to enhance the understanding of what type of coordination and what institutional setting for policy coordination can be expected to be most favorable. Challenges for Economic Policy Coordination within European Monetary Union provides an intellectually stimulating contribution to the ongoing debate.
Download or read book Understanding the Economic and Monetary Union written by and published by . This book was released on 2017 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economic and Monetary Union, or the EMU, refers to the process of integrating European economies. The EMU, together with the single market, contributes to economic stability, balanced economic growth, high employment and sustainable public finances. The policy framework has two pillars: the single currency - the euro with a common monetary and exchange rate policy - and the European Central Bank (ECB); and the coordination of member states' economic policies.
Download or read book Political Aspects of the Economic Monetary Union written by Soren Zibrandt von Dosenrode-Lynge and published by Routledge. This book was released on 2018-02-06 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2002: Concentrating on the myriad political aspects of European Monetary Union (EMU), this volume places the EMU and the European Union (EU) in a global context. It should be useful for scholars and students of European studies, economics, modern history and international relations. Libraries and embassies should also find it a valuable reference tool.
Download or read book European Monetary Union written by Eckhard Hein and published by . This book was released on 2002 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Role of Employer Associations and Labour Unions in the EMU written by Gerhard Huemer and published by Routledge. This book was released on 2018-11-07 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1999, this volume recognises that in the course of European integration, national economic policy makers lose some effective policy instruments. Contributors to this omnibus volume analyse the 'room for maneuvering' available to national and EU economic and social policies under the conditions of the Economic and Monetary Union (EMU). They explore the possibilities for European coordination and discuss the tasks of employers’ associations and labour unions on the national and EU level in wage, employment and macroeconomic policies. Section 1 of the book deals with the strengths and weaknesses of the EU in the context of global competition. In spite of national differences, many of the EU member countries share important characteristics. Section 2 addresses the need for and the feasibility of policy coordination in the EMU. With the start of the EMU, wage policy will have to bear the main burden of absorbing asymmetrical economic shocks. The authors from the DIW argue that a wage policy favourable to economic growth, employment and convergence has to be guided by the inflation target set by the European Central Bank (ECB) and by the long-term increase of productivity in individual countries. A precondition for this kind of wage policy is coordination between the main actors of EU economic policy (ECB, EcoFin, social partners).
Download or read book Employment Growth and Price Levels The effect of increases in wages salaries and the prices of personal services together with union and professional practices upon prices profits production and employment September 28 29 30 October 1 and 2 1959 written by United States. Congress. Joint Economic Committee and published by . This book was released on 1959 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the possibility of combining three economically desirable goals: an adequate rate of economic growth, substantially full employment or maximum employment, and substantial price stability. pt. 6c: Contains answers to questions on monetary policy and debt management submitted to the Secretary of the Treasury, the Chairman of the Board of Governors of the Federal Reserve System, and 17 firms dealing in Government securities. pt. 10: Contains written responses from Treasury Dept and Federal Reserve Board to questions submitted by Joint Economic Committee on the Government's management of its monetary, fiscal, and debt operations.
Download or read book Deconstructing Job Creation written by Mr.Pietro Garibaldi and published by International Monetary Fund. This book was released on 1999-08-01 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies net employment growth across 21 OECD economies in 1980-97, focusing on experiences within the European Union. It finds that sectoral effects can only partially account for differences in job creation. By contrast, it shows that a policy package including low taxation and flexible employment protection legislation is associated with high job creation and can account for most of the observed differences. The Netherlands’ success is largely accounted for by the creation of part-time jobs for women aged 25-49 in the services sector, but in most EU countries the substitution of part-time jobs for full-time jobs is considerable.
Download or read book The Economic and Monetary Union written by and published by . This book was released on 2014 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economic and Monetary Union, or the EMU, refers to the process of integrating European economies. The ultimate goal is to see the euro introduced in all countries of the European Union. The EMU, together with the single market, contributes to economic stability, balanced and sustainable economic growth, high employment and the sustainable development of public finances.
