A copy of this work was available on the public web and has been preserved in the Wayback Machine. The capture dates from 2018; you can also visit the original URL.
The file type is
Beyond the Crisis: EMU and Labour Market Reform Pressures in Good and Bad Times
Social Science Research Network
There is a widespread perception among the public and policy-makers that EMU carries oneway pressures for enhanced flexibility in the labour market. We discuss the theoretical basis of this by examining four mechanisms through which the establishment of the common currency and the functioning of EMU can impact on the labour markets, both within the Eurozone and of the New Member States. We argue that the theory and empirics of the link between EMU and labour market flexibility are notdoi:10.2139/ssrn.1618776 fatcat:athyqy7z25h4hcrs3vqrwb5j2q