The labour market and the Euro

Pissarides, Christopher ORCID: 0000-0002-0695-058X (2008) The labour market and the Euro. Cyprus Economic Policy Review, 2 (1). pp. 3-9. ISSN 1450-4561

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Abstract

This paper investigates the reasons that the labour market is given so much prominence in discussions about the euro. It concludes that differences in labour market flexibility across countries can have the same impact as asymmetric shocks and so warrant different monetary policies. The paper further discusses the role of welfare policy and migration in European integration.

Item Type:	Article
Official URL:	http://www.ucy.ac.cy/goto/ecorece/en-US/CyprusEcon...
Additional Information:	© 2007 University of Cyprus
Divisions:	Economics Centre for Economic Performance
Subjects:	H Social Sciences > HC Economic History and Conditions H Social Sciences > HN Social history and conditions. Social problems. Social reform
Date Deposited:	06 Apr 2011 12:47
Last Modified:	13 Sep 2024 22:30
URI:	http://eprints.lse.ac.uk/id/eprint/33910

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