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The purpose of this paper is to analyse the economic convergence of the European Union in terms of the effects of European Monetary Union (EMU), which began in 1999 and possible conflict with, ‘social mobility’ in Europe. Our focus is on the low rate of mobility in the labour market. We assume that this is due to psychological and social aspects.
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Keywords: European Union; dual approach; immobility; psychological factors; social mobility

Document Type: Research Article

Affiliations: Australia National University National Graduate School of Management Sir Roland Wilson Building (120), McCoy Circuit Canberra, ACT 0200, Australia. , [email protected] & [email protected], Email: [email protected]

Publication date: 2004-09-01

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