IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

Monetary Integration and Regional Unemployment in the European Union

Listed author(s):
  • Theo Hitiris
Registered author(s):

    The European Central Bank will be able to reach its objective of price stability by GDP and inflation forecasts. But price stability will continue to be accompanied by the burden of high and in the case of some disadvantaged regions increasing unemployment which will be the cause of persisting and perhaps widening interregional inequality. This will impose costs from income loss which must be set against the long-term benefits of monetary integration to the disadvantage regions which might accrue by the diffusion of growth and its positive effects on employment. Monetary stability will be more beneficial for the peoples of Europe if it is combined with policies fostering balanced growth with maximum employment. This requires an integrated cohesion strategy encompassing policies for employment and regional development which will induce and accelerate real convergence for all the regions of the countries participating in the European Economic and Monetary Union.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: no

    Paper provided by Department of Economics, University of York in its series Discussion Papers with number 99/7.

    in new window

    Date of creation:
    Handle: RePEc:yor:yorken:99/7
    Contact details of provider: Postal:
    Department of Economics and Related Studies, University of York, York, YO10 5DD, United Kingdom

    Phone: (0)1904 323776
    Web page:

    More information through EDIRC

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:yor:yorken:99/7. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Paul Hodgson)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.