An Economic Analysis of Monetary Union [Paperback]

One. The Small Union as a Whole.- 1. Fixed Money Wages.- 2. Flexible Money Wages.- 3. Slow Money Wages.- Two. The Small Union of Two Countries.- 1. Fixed Money Wages.- 2. Flexible Money Wages.- 3. Fixed Money Wages in Germany, Flexible Money Wages in France.- 4. Slow Money Wages.- 5. Different Behavioural Functions.- Three. The World as a Whole.- 1. Fixed Money Wages.- 2. Flexible Money Wages.- Four. The World of Two Regions.- 1. Fixed Money Wages.- 2. Flexible Money Wages.- 3. Fixed Money Wages in Europe, Flexible Money Wages in America.- Conclusion.- 1. The Small Union as a Whole.- 2. The Small Union of Two Countries.- 3. The World as a Whole.- 4. The World of Two Regions.- Result.- 1. The Small Union as a Whole.- 2. The Small Union of Two Countries.- 3. The World of Two Regions.- Symbols.- Brief Survey of the Literature.- References.Monetary Unions, like EURO-Zone are analysied and policy recommendations are given