A Strong Euro or a Weak Euro?
AbstractUsing 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).
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Bibliographic InfoPaper provided by Caisse des Depots et Consignations - Cahiers de recherche in its series Papers with number 96-02/ei.
Length: 34 pages
Date of creation: 1996
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Postal: Caisse des depots et consignations, Services des etudes economiques et financieres, 195 Boulevard Saint Germain- 75007 Paris, France.
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- F31 - International Economics - - International Finance - - - Foreign Exchange
- F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
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- Richard Portes & Helene Rey, 1998.
"The Emergence of the Euro as an International Currency,"
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- Richard Portes & Hélène Rey, 1998. "The emergence of the euro as an international currency," Economic Policy, CEPR & CES & MSH, vol. 13(26), pages 305-343, 04.
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- Bernard Courbis & Jean-Paul Allegret, 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.
- Jacques Le Cacheux, 1998.
"La diffusion internationale de l'euro,"
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Programme National Persée, vol. 65(1), pages 227-241.
- repec:spo:wpecon:info:hdl:2441/2096 is not listed on IDEAS
- Robert McCauley, 1999. "The Euro and the Dollar, 1998," Open Economies Review, Springer, vol. 10(1), pages 91-133, February.
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