From convergence to crisis : labor markets and the instability of the Euro (Book, 2016) []
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From convergence to crisis : labor markets and the instability of the Euro

Author: Alison Johnston
Publisher: Ithaca; London Cornell University Press 2016
Edition/Format:   Print book : EnglishView all editions and formats

What explains Eurozone member-states' divergent exposure to Europe's sovereign debt crisis? Deviating from current fiscal and financial views, From Convergence to Crisis focuses on labor markets in a  Read more...


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Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Alison Johnston
ISBN: 9781501702655 1501702653
OCLC Number: 959561036
Awards: Winner of European Union Studies Association Book Prize 2017
Winner of International Political Economy Annual Best Book Award.
Description: xvii, 223 Seiten
Contents: 1. Incomplete Monetary Union and Europe's Current Crisis 2. From Order to Disorder: How Monetary Union Changed National Labor Markets 3. Monetary Regimes, Wage Bargaining, and the Current Account Crisis in the EMU South: Empirical Evidence 4. National Central Banks and Inflation Convergence: Danish and Dutch Corporatism Inside and Outside of Monetary Union 5. Strength in Rigidity: Public Sector Employment Reform and Wage Suppression in Germany, the Netherlands and Italy 6. Sheltered Sector Dominance under a Common Currency: Irrational Exuberance in Ireland and Fragmentation in Spain7. EMU, the Politics of Wage Inflation, and Crisis: Implications for Current Debates and Policy -- Cornell University Press
Responsibility: Alison Johnston.
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"Johnston uses theory, statistical analysis, and case studies to argue that each country's relative wage moderation compared to other European Monetary Union (EMU) members determines how susceptible Read more...

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