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Editorial

Institutional Conflicts and Complementarities. Monetary Policy and Wage Bargaining Institutions in EMU
  • Rob Franzese
  • Peter Mooslechner
  • Martin Schuerz

Abstract

Unlike just over a decade ago, most economists today agree that institutions matter for the performance of the economy. Institutions in a very broad sense comprise organizations, laws, social norms and habits. In more pragmatic terms, the definition of institution will depend on the purpose of analysis. The comparative political economy approach of the Varieties of Capitalism literature understands institutions as the organizations, laws, social norms and habits that coordinate the behaviour of political-economic actors.

Keywords

Monetary Policy Central Bank European Central Bank European Monetary Union European Monetary 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

  1. North, C.D. (1990) Institutions, Institutional Change, and Economic Performance. Cambridge University Press.Google Scholar

Copyright information

© Springer Science+Business Media Dordrecht 2003

Authors and Affiliations

  • Rob Franzese
  • Peter Mooslechner
  • Martin Schuerz

There are no affiliations available

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