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Monetary Regimes, Wage Bargaining, and the Current Account Crisis in the EMU South: Empirical Evidence Get access

Alison Johnston
in From Convergence to Crisis: Labor Markets and the Instability of the Euro
Published: 19 May 2016
... conditionality, on the one hand, and sectoral wage inflation and wage growth, on the other. It also examines the link between sheltered sector wage suppression and export success and shows that export-favoring wage governance institutions helped maintain competitiveness for countries that possessed them...
Chapter

National Central Banks and Inflation Convergence: Danish and Dutch Corporatism Inside and Outside of Monetary Union Get access

Alison Johnston
in From Convergence to Crisis: Labor Markets and the Instability of the Euro
Published: 19 May 2016
...This chapter examines the link between national level, inflation-averse central banks and European Economic and Monetary Union (EMU) regime change, on the one hand, and sheltered sector wage suppression, on the other, by comparing the pre- and post-EMU experiences of Denmark and the Netherlands...