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Achievement or burden? Labour standards in a monetary union

Carsten Hefeker

Applied Economics Letters, 1998, vol. 5, issue 6, 383-386

Abstract: This paper examines the argument that monetary union requires an equalization of labour standards in member countries. It is shown that labour standards have an influence on national rates of unemployment, but that it is independent from monetary union.

Date: 1998
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DOI: 10.1080/135048598354762

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