کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
10489117 | 937524 | 2005 | 22 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
The European economy at the cross roads: Structural reforms, fiscal constraints, and the Lisbon Agenda
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کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی
مدیریت، کسب و کار و حسابداری
کسب و کار و مدیریت بین المللی
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![عکس صفحه اول مقاله: The European economy at the cross roads: Structural reforms, fiscal constraints, and the Lisbon Agenda The European economy at the cross roads: Structural reforms, fiscal constraints, and the Lisbon Agenda](/preview/png/10489117.png)
چکیده انگلیسی
This paper studies the incentives to sustain and extend a monetary union under alternative assumptions about the extent of market reform within the union and accession countries. Lack of labour mobility, or wage/price flexibility, or fiscal reform, brings costs for both new entrants and in the existing union. Countries will therefore want a union where there has been sufficient reform, and also one where markets are more flexible than their own. But existing members will want the same properties of their partners. Fiscal restrictions may exaggerate this incentive mismatch and could therefore delay the necessary reforms. Similarly, too large costs up front may also delay those reforms.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Research in International Business and Finance - Volume 19, Issue 2, June 2005, Pages 229-250
Journal: Research in International Business and Finance - Volume 19, Issue 2, June 2005, Pages 229-250
نویسندگان
Andrew Hughes Hallett, Svend E. Hougaard Jensen, Christian Richter,