European Monetary Union: Initial Situation, Alternatives, Prospects - in the Light Modern Institutional Economics
AbstractThis paper starts with a brief description of the situation before the establishment of the European Monetary Union (EMU), i.e., the problems of the European Monetary Systems (EMS) which was established in 1979 and which was in need of repair. The paper then deals with the various possibilities of effecting such a repair.
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Bibliographic InfoPaper provided by Hoover Institution, Stanford University in its series Working Papers with number e-98-4.
Length: 38 pages
Date of creation: 1998
Date of revision:
EXCHANGE RATE ; MONETARY UNION ; MONETARY POLICY;
Find related papers by JEL classification:
- F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
- E4 - Macroeconomics and Monetary Economics - - Money and Interest Rates
- E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
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