Monetary Policy under EMU
AbstractThis paper considers a number of issues connected with the implementation of monetary policy in the Euro zone. These include: the techniques of monetary control; whether to adopt an explicit inflation target and, if so, for what index; the politics of decision-making within the Governing Council of the European System of Central Banks; the likelihood of there being conflicts of interest between the member countries of the Euro zone; the interaction of monetary and fiscal policy; and the role of the ESCB in maintaining financial stability. Copyright 1998 by Oxford University Press.
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Bibliographic InfoArticle provided by Oxford University Press in its journal Oxford Review of Economic Policy.
Volume (Year): 14 (1998)
Issue (Month): 3 (Autumn)
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