Institutional Conflicts and Complementarities

Monetary Policy and Wage Bargaining Institutions in EMU

  • Robert Franzese
  • Peter Mooslechner
  • Martin Schürz

Table of contents

  1. Front Matter
    Pages I-V
  2. Rob Franzese, Peter Mooslechner, Martin Schuerz
    Pages 1-4
  3. Peter A. Hall, David Soskice
    Pages 43-76
  4. David Soskice, Torben Iversen
    Pages 107-129
  5. Lilia Cavallari
    Pages 131-145
  6. Kelly H. Chang
    Pages 205-230
  7. Back Matter
    Pages 271-278

About this book


This important collection presents an authoritative selection of papers on "Institutional Conflicts and Complementarities" This publication is intent on building bridges between economics and the other social sciences. The focus is on the interaction between monetary policy and wage bargaining institutions in European Monetary Union (EMU). Institutional Conflicts and Complementarities is written by acknowledged experts in their field. The outcome is a broad analysis of the interactions of labour market actors and central banks. The volume addresses the recent changes in EMU. An important theoretical, empirical, and policy-relevant conclusion that emerges from Institutional Conflicts and Complementarities is that even perfectly credible monetary conservatism has long-term real effects, even in equilibrium models with fully rational expectations.


Euro European Central Bank Inflation economics equilibrium labor market labour market monetary policy monetary union

Editors and affiliations

  • Robert Franzese
    • 1
  • Peter Mooslechner
    • 2
  • Martin Schürz
    • 2
  1. 1.University of MichiganUSA
  2. 2.Österreichische NationalbankViennaAustria

Bibliographic information

  • DOI
  • Copyright Information Springer-Verlag US 2004
  • Publisher Name Springer, Boston, MA
  • eBook Packages Springer Book Archive
  • Print ISBN 978-1-4419-5380-3
  • Online ISBN 978-1-4757-4062-2
  • Buy this book on publisher's site