Abstract
This paper looks at the question of the impact of membership of the European monetary union (EMU) on the labor market and in particular on unemployment. It examines both the role of exchange rate flexibility as a mechanism for offsetting the effects of labor market rigidities and the implications of monetary union on the feasibility and effectiveness of structural reforms to reduce unemployment within Europe.
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© 1997 Springer-Verlag Berlin Heidelberg
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Jackman, R. (1997). EU Labor Markets Inside and Outside the Monetary Union. In: Welfens, P.J.J. (eds) European Monetary Union. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-59039-9_8
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DOI: https://doi.org/10.1007/978-3-642-59039-9_8
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-63827-5
Online ISBN: 978-3-642-59039-9
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