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Is monetary union necessarily counterproductive?

Article ID Journal Published Year Pages File Type
9549326 Economics Letters 2005 7 Pages PDF
Abstract
This paper analyses the case of a monetary union between identical countries characterised by oligopolistic competition in their labour market. It suggests that the switch to a common currency may improve their macroeconomic performances depending on labour market features.
Keywords
F33E24J51Monetary unionEmploymentInflation
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Is monetary union necessarily counterproductive?
Authors
Giuseppe Diana, Blandine Zimmer,
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Journal
Economics Letters
Journal: Economics Letters
Related Categories
F33
E24
J51
Monetary union
Employment
Inflation
Economics and Econometrics
Economics, Econometrics and Finance (General)
Finance
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