TY - BOOK ID - 212414 TI - Monetary and wage policies in the Euro area PY - 2006 SN - 1280727330 9786610727339 3540369341 3540369333 3642071988 PB - Berlin ; New York : Springer, DB - UniCat KW - Monetary policy KW - Wages KW - Euro area. KW - Competition, International. KW - International competition KW - World economics KW - International relations KW - International trade KW - War KW - Euro area KW - Euro zone KW - Monetary unions KW - Compensation KW - Departmental salaries KW - Earnings KW - Pay KW - Remuneration KW - Salaries KW - Wage-fund KW - Wage rates KW - Working class KW - Income KW - Labor costs KW - Compensation management KW - Cost and standard of living KW - Prices KW - Economic aspects KW - Macroeconomics. KW - International economics. KW - Labor economics. KW - Macroeconomics/Monetary Economics//Financial Economics. KW - International Economics. KW - Labor Economics. KW - Economics KW - Economic policy, Foreign KW - Economic relations, Foreign KW - Economics, International KW - Foreign economic policy KW - Foreign economic relations KW - Interdependence of nations KW - International economic policy KW - International economics KW - New international economic order KW - Economic policy KW - Economic sanctions KW - Competition, International KW - Eurozone KW - 332.494 KW - 333.846.3 KW - EEC / European Union - EU -Europese Unie - Union Européenne - UE KW - Verband tussen de geld-, bank- en kredietpolitiek en de lonen KW - Eurozone. UR - https://www.unicat.be/uniCat?func=search&query=sysid:212414 AB - This book studies the interactions between monetary and wage policies in the euro area. It carefully discusses the process of policy competition and the structure of policy cooperation. As to policy competition, the focus is on competition between the European central bank, the American central bank, the German labour union, and the French labour union. As to policy cooperation, the focus is on the same institutions. These are higher-dimensional issues. The policy targets are price stability and full employment. The policy makers follow cold-turkey or gradualist strategies. The policy decisions are taken sequentially or simultaneously. Monetary and wage policies have spillover effects. Special features of this book are numerical simulations of policy competition and numerical solutions to policy cooperation. . ER -