000 01721naa a2200181uu 4500
001 0062211054337
003 OSt
005 20190211173004.0
008 100622s2003 xx ||||gr |0|| 0 eng d
100 1 _aTRAXLER, Franz
_941278
245 1 0 _aBargaining institutions and the monetary regime :
_ba cross-national comparison and its implications for European monetary union
260 _aOxfordshire :
_bRoutledge,
_cAugust 2003
520 3 _aThe interaction between bargaining and monetary policy involves three relationships: the interaction of the bargainers with (a) each other; (b) the monetary regime; and (c) their rank and file. Research has centred on (a) and (b) and neglected (c). However, in practice, interaction (c) gains in importance, since bargaining is a multi- level process in the eurozone. Analytically, this interaction should not be neglected, since the monetary regime can target the bargainers more effectively than their rank and file. This paper conceptualizes the interaction between bargaining and monetary policy in a way which includes all three relationships. Based on a comparison of fifteen European countries, it is shown that the responsiveness of alternative bargaining institutions to the monetary regime depends on their capacity for making the rank and file comply, and that these institutions also differ in which monetary parameter they are sensitive to. The implications of these findings for EMU are discussed in the paper's final section.
773 0 8 _tJournal of European Public Policy
_g10, 4, p. 596-615
_dOxfordshire : Routledge, August 2003
_xISSN 13501763
_w
942 _cS
998 _a20100622
_b1105^b
_cDaiane
998 _a20100623
_b1711^b
_cCarolina
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c34544
_d34544
041 _aeng