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- Title
THE TENSION BETWEEN SELFRELIANCE AND SOLIDARITY WITHIN A MONETARY UNION.
- Authors
MÜLLER-FRANKEN, SEBASTIAN
- Abstract
The article focuses on tensions between self-reliance and solidarity in Monetary unions. Topics discussed include need of development in European monetary union for fighting against debt crisis, need incentive compatibility as the deciding factor for addressing self-reliance and solidarity issues, dependence of wages on labour productivity and generation of profits and need of regulations in the European monetary union for dealing with insolvency issues.
- Subjects
MONETARY unions; SELF-reliance; SOLIDARITY; ECONOMIC &; Monetary Union; WAGES &; labor productivity
- Publication
CESifo Forum, 2015, Vol 16, Issue 2, p33
- ISSN
1615-245X
- Publication type
Article