Template-Type: ReDIF-Article 1.0
Author-Name: Christopher A. Pissarides
Author-Email: C.Pissarides@lse.ac.uk
Author-Workplace-Name: London School of Economics
Title: The Labour Market and the Euro
Abstract: This paper investigates the reasons that the labour market is given so much prominence in discussions about the euro. It concludes that differences in labour market flexibility across countries can have the same impact as asymmetric shocks and so warrant different monetary policies. The paper further discusses the role of welfare policy and migration in European integration.
Classification-JEL:
Keywords: Cyprus Euro, Labour Market Flexibility, Social Protection, Migration
Journal: Cyprus Economic Policy Review
Pages: 3-9
Volume: 2
Issue: 1
Year: 2008
Month: June
File-URL: http://www.ucy.ac.cy/erc/documents/Full%20text_Pissarides.pdf
File-Format: Application/pdf
Handle: RePEc:erc:cypepr:v:2:y:2008:i:1:p:3-9