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A Strong Euro or a Weak Euro?

Author

Listed:
  • Artus, P.

Abstract

Using a simple macroeconomic two-country model, we analyze the possible structural reasons for which the European Central Bank might have a monetary policy different from the one pursued presently by the Bundesbank (implying a weaker or a stroger parity for the european currencies vis-a-vis the rest of the world).

Suggested Citation

  • Artus, P., 1996. "A Strong Euro or a Weak Euro?," Papers 96-02/ei, Caisse des Depots et Consignations - Cahiers de recherche.
    • Handle: RePEc:fth:cadeco:96-02/ei
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    Citations

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    Cited by:

    1. Richard Portes & Hélène Rey, 1998. "The emergence of the euro as an international currency," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 13(26), pages 306-343.
    2. Jean-Paul Allegret & Bernard Courbis, 1999. "Les pays du Sud face au défi d'un espace financier euro-méditerranéen," Revue d'Économie Financière, Programme National Persée, vol. 52(2), pages 185-206.
    3. Jacques Le Cacheux, 1998. "Single currency, multiple budgets?," Transfer: European Review of Labour and Research, , vol. 4(1), pages 11-20, February.
    4. Lefebvre, Dominique, 1997. "Euro Internationalization," MPRA Paper 89353, University Library of Munich, Germany.
    5. repec:hal:wpspec:info:hdl:2441/2096 is not listed on IDEAS
    6. Robert McCauley, 1999. "The Euro and the Dollar, 1998," Open Economies Review, Springer, vol. 10(1), pages 91-133, February.
    7. repec:spo:wpecon:info:hdl:2441/2096 is not listed on IDEAS
    8. McCauley, R.N., 1997. "The Euro and the Dollar," Princeton Essays in International Economics 205, International Economics Section, Departement of Economics Princeton University,.
    9. Jacques Le Cacheux, 1998. "La diffusion internationale de l'euro," Revue de l'OFCE, Programme National Persée, vol. 65(1), pages 227-241.
    10. repec:hal:spmain:info:hdl:2441/2096 is not listed on IDEAS
    11. Meixing Dai, 2002. "L’euro fort et l’identité européenne," Bulletin de l'Observatoire des politiques économiques en Europe, Observatoire des Politiques Économiques en Europe (OPEE), vol. 1, pages 113-136, Juin.

    More about this item

    Keywords

    CENTRAL BANKS; MONETARY POLICY;

    JEL classification:

    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions

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