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| Author: | Sibert, A. Sutherland, A. |
| Title: | Monetary union and labor market reform |
| Journal: | Journal of International Economics
2000 : VOL. 51:2, p. 421-435 |
| Index terms: | Monetary system International monetary system Labour markets Monetary integration |
| Language: | eng |
| Abstract: | Policy makers' incentives to undertake costly labour market reform depend on the international monetary system. A regime to noncooperative monetary policy is compared with monetary union. The authors find that noncooperative policy leads to more reform of factors that affect the inflation bias. |
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