The Effects of EMU on the Finnish Economy - Some Early Conjectures
AbstractThis paper analyses the convergence of the Finnish economy to the monetary policy regime of the EMU. We review the expectations on the effects of EMU membership which prevailed before the union was established, and compare those with actual outcomes for Finland in the first years of the EMU. It seems that the de facto membership in the new policy regime, began approximately at the beginning of 1997. The significant improvement of some traditional structural imbalances of the Finnish economy is reported. It is argued that the improvement of monetary policy credibility can explain much of the improved performance of the economy.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. 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.
Bibliographic InfoArticle provided by Economic and Social Studies in its journal Economic and Social Review.
Volume (Year): 33 (2002)
Issue (Month): 2 ()
Contact details of provider:
Web page: http://www.esr.ie
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Olive Sweetman).
If references are entirely missing, you can add them using this form.