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Real wage rigidities, accommodative demand policies, and the functioning of EMU

  • Norbert Berthold
  • Rainer Fehn
  • Eric Thode
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    File URL: http://hdl.handle.net/10.1007/BF02707384
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    Article provided by Springer in its journal Weltwirtschaftliches Archiv.

    Volume (Year): 135 (1999)
    Issue (Month): 4 (December)
    Pages: 545-572

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    Handle: RePEc:spr:weltar:v:135:y:1999:i:4:p:545-572
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    1. Sims, Christopher A, 1980. "Macroeconomics and Reality," Econometrica, Econometric Society, vol. 48(1), pages 1-48, January.
    2. Jeffrey A. Frankel & Andrew K. Rose, 1996. "The Endogeneity of the Optimum Currency Area Criteria," NBER Working Papers 5700, National Bureau of Economic Research, Inc.
    3. Wyplosz, Charles, 1997. "EMU: Why and How It Might Happen," CEPR Discussion Papers 1685, C.E.P.R. Discussion Papers.
    4. Martin Feldstein, 1998. "The Political Economy of the European Economic and Monetary Union: Political Sources of an Economic Liability," NBER Working Papers 6150, National Bureau of Economic Research, Inc.
    5. Decressin, Jorg & Fatas, Antonio, 1995. "Regional labor market dynamics in Europe," European Economic Review, Elsevier, vol. 39(9), pages 1627-1655, December.
    6. Jimeno, Juan F & Viñals, José, 1996. "Monetary Union and European Unemployment," CEPR Discussion Papers 1485, C.E.P.R. Discussion Papers.
    7. Blanchard, Olivier Jean & Quah, Danny, 1989. "The Dynamic Effects of Aggregate Demand and Supply Disturbances," American Economic Review, American Economic Association, vol. 79(4), pages 655-73, September.
    8. Eichengreen, Barry & von Hagen, Jürgen, 1995. "Fiscal Policy and Monetary Union: Federalism, Fiscal Restrictions and the No-Bailout Rule," CEPR Discussion Papers 1247, C.E.P.R. Discussion Papers.
    9. Sibert, Anne & Sutherland, Alan, 1997. "Monetary Regimes and Labour Market Reform," CEPR Discussion Papers 1731, C.E.P.R. Discussion Papers.
    10. Robert J. Gordon, 1996. "Macroeconomic Policy in the Presence of Structural Maladjustment," NBER Working Papers 5739, National Bureau of Economic Research, Inc.
    11. Olivier Jean Blanchard & Lawrence F. Katz, 1992. "Regional Evolutions," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 23(1), pages 1-76.
    12. Kloek, Tuen & van Dijk, Herman K, 1978. "Bayesian Estimates of Equation System Parameters: An Application of Integration by Monte Carlo," Econometrica, Econometric Society, vol. 46(1), pages 1-19, January.
    13. Berthold, Norbert & Fehn, Rainer, 1996. "The Positive Economics of Unemployment and Labor Market Inflexibility," Kyklos, Wiley Blackwell, vol. 49(4), pages 583-613.
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