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The Implications Of A Single European Currency And Monetary Policy: Prospects And Policy Issues

In: Link Proceedings 1991, 1992 Selected Papers from Meetings in Moscow, 1991, and Ankara, 1992

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  • NICHOLAS C. GARGANAS

    (Bank of Greece, Greece)

Abstract

The following sections are included:IntroductionMacroeconomic Policy Under EMUA framework for a single monetary policyTargeting nominal GDPPolicy response to shocksFiscal policy issuesExchange-rate policyRegional Adjustment Problems and the Need for Balancing MechanismsIdentifying the incidence of shocksWage and price flexibilityLabour mobilityThe role of investmentThe need for balancing mechanismsConcluding RemarksReferences

Suggested Citation

  • Nicholas C. Garganas, 1998. "The Implications Of A Single European Currency And Monetary Policy: Prospects And Policy Issues," World Scientific Book Chapters, in: Bert G Hickman & Lawrence Klein (ed.), Link Proceedings 1991, 1992 Selected Papers from Meetings in Moscow, 1991, and Ankara, 1992, chapter 1, pages 3-33, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789812816870_0001
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