Philip Arestis () (The Business School, South Bank University London) Iris Biefang-Frisancho Mariscal (University of East London) Andrew Brown (Leeds Univesrity) Malcolm Sawyer (Leeds Univesrity)
Additional information is available for the following
registered author(s):
This paper argues that the inception of the euro itself, with its restrictive monetarist institutional structures, to an area which is in a divergent state, which has recently been widened by a process of divergence, is ample reason for long term investors, and, indeed, post-"euphoric", short term speculators, to regard the euro area as structurally weaker since January 1999. It is difficult to predict the fixture course of the euro; once portfolio investors have shifted fully back to their pre-"euphoria" level of holdings of euros, then any number of contingencies may come into play.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Volume (Year): 28 (2002) Issue (Month): 1 (Winter) Pages: 71-88 Download reference. The following formats are available: HTML
(with abstract),
plain text
(with abstract),
BibTeX,
RIS (EndNote, RefMan, ProCite),
ReDIF
Handle: RePEc:eej:eeconj:v:28:y:2002:i:1:p:71-88
Contact details of provider: Postal: c/o Iona College, 715 North Avenue, New Rochelle, New York 10801-1890 USA Phone: (914) 633-2088 Fax: (914) 633-2549 Email: Web page: http://www.iona.edu/eea/ More information through EDIRC
For technical questions regarding this item, or to correct its listing, contact: (Victor Matheson, College of the Holy Cross).
Related research
Keywords:
Other versions of this item:
Article
Find related papers by JEL classification: E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)