Abstract
Recent work on monetary policy design has investigated the interactions between labor market institutions and monetary policies and their implications for macroeconomic performance. This paper argues that this link is not independent of the fiscal policymaking structure. (C) 2004 Elsevier B.V. All rights reserved.
Original language | English |
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Pages (from-to) | 205-210 |
Number of pages | 6 |
Journal | Economics Letters |
Volume | 83 |
Issue number | 2 |
DOIs | |
Publication status | Published - May 2004 |
Keywords
- fiscal rebate
- centralization of wage setting
- unemployment