The Assessment: Macroeconomic Policy after EMU.
In this paper we discuss the emergence of the new European macroeconomic structure within EMU. We focus on three important elements: the wage-fixing authorities in each country, the fiscal authorities in each country, and the single European Central Bank (ECB). We identify serious problems which mig...
Main Authors: | , |
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Format: | Journal article |
Language: | English |
Published: |
1998
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