| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5059647 | Economics Letters | 2013 | 4 Pages |
Abstract
This paper shows that large labour unions reduce the incentive for uncoordinated monetary policies to improve the terms of trade. This finding implies that concentrated labour markets significantly affect the optimal policy prescription in an open economy.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Vincenzo Cuciniello,