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The labour market and the Euro

Pissarides, Christopher (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
Library of Congress subject classification: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HN Social history and conditions. Social problems. Social reform
Sets: Departments > Economics
Research centres and groups > Centre for Economic Performance (CEP)
Collections > Economists Online
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 06 Apr 2011 12:47
URL: http://eprints.lse.ac.uk/33910/

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