German unification and the European Monetary System: A quantitative analysis
AbstractThis paper uses a macroeconomic model with rational expectations to analyze issues related to German unification. A principal focus of the paper is the effect of unification on member countries of the European Monetary System. Under certain conditions, German unification has a contractionary effect on other EMS countries. We explore the implications for EMS and other countries of alternative German fiscal and monetary policies.
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Bibliographic InfoArticle provided by Elsevier in its journal Journal of Policy Modeling.
Volume (Year): 15 (1993)
Issue (Month): 4 (August)
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Web page: http://www.elsevier.com/locate/inca/505735
Other versions of this item:
- Gwyn Adams & Lewis Alexander & Joseph Gagnon, 1992. "German unification and the European monetary system: a quantitative analysis," International Finance Discussion Papers 421, Board of Governors of the Federal Reserve System (U.S.).
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- Hans-Werner Sinn, 1996.
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- Joseph E. Gagnon & Paul R. Masson & Warwick J. McKibbin, 1996.
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547, Board of Governors of the Federal Reserve System (U.S.).
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- Ruiz Estrada, Mario Arturo & Park, Donghyun, 2008. "Korean unification: How painful and how costly," Journal of Policy Modeling, Elsevier, vol. 30(1), pages 87-100.
- Robert Brooks & Robert Faff & David Sokulsky, 2005. "The stock market impact of German reunification: international evidence," Applied Financial Economics, Taylor & Francis Journals, vol. 15(1), pages 31-42.
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