{"product_id":"the-interaction-of-monetary-policy-s-dullien-9781349520800","title":"The Interaction of Monetary Policy and Wage Bargaining in the European Monetary Union: Lessons from the Endogenous Money Approach","description":"Sebastian Dullien gives a novel explanation for unemployment and inflation in the Euro-Zone. He argues that unemployment stems from a lack of co-operation between unions and monetary authorities: In an economy with endogenous money as EMU, wage setters are responsible for price stability while the central bank is responsible for the level of output. Co-operation between both actors is necessary for high employment and low inflation. The current institutional set-up is found to be unable to assure cooperation.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e S. Dullien\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1349520802\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781349520800\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Palgrave MacMillan\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 01\/01\/2004\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 276\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.75lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 8.50h x 5.50w x 0.61d","brand":"S. Dullien","offers":[{"title":"Paperback","offer_id":48088064196863,"sku":"9781349520800","price":109.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_09397508-1487-4ecd-a22f-dae91738d755.jpg?v=1769102901","url":"https:\/\/www.whiterainbookhouse.com\/products\/the-interaction-of-monetary-policy-s-dullien-9781349520800","provider":"WR Book House","version":"1.0","type":"link"}