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Implications of EMU for the European Community

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  • Kirrane, Chris

Abstract

The paper includes three parts. The first concerns the economic foundations of monetary union and the costs it entails. The second is devoted to the institutional arrangements under the Treaty of Maastricht. The third examines the consequences of monetary union for the economy and the economic policy of France.

Suggested Citation

  • Kirrane, Chris, 1994. "Implications of EMU for the European Community," MPRA Paper 88998, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:88998
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    File URL: https://mpra.ub.uni-muenchen.de/88998/1/MPRA_paper_88998.pdf
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    References listed on IDEAS

    as
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    9. Cukierman, Alex & Webb, Steven B & Neyapti, Bilin, 1992. "Measuring the Independence of Central Banks and Its Effect on Policy Outcomes," The World Bank Economic Review, World Bank, vol. 6(3), pages 353-398, September.
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    11. Tamim Bayoumi & Barry Eichengreen, 1992. "Shocking Aspects of European Monetary Unification," NBER Working Papers 3949, National Bureau of Economic Research, Inc.
    12. Mussa, Michael, 1986. "Nominal exchange rate regimes and the behavior of real exchange rates: Evidence and implications," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 25(1), pages 117-214, January.
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    14. Maurice Obstfeld, 1988. "Competitiveness, Realignment, and Speculation: The Role of Financial Markets," NBER Working Papers 2539, National Bureau of Economic Research, Inc.
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    16. Canzoneri,Matthew B. & Grilli,Vittorio & Masson,Paul R. (ed.), 1992. "Establishing a Central Bank," Cambridge Books, Cambridge University Press, number 9780521420983.
    17. Rogoff, Kenneth, 1985. "Can international monetary policy cooperation be counterproductive?," Journal of International Economics, Elsevier, vol. 18(3-4), pages 199-217, May.
    18. Xavier Sala-i-Martin & Jeffrey Sachs, 1991. "Fiscal Federalism and Optimum Currency Areas: Evidence for Europe From the United States," NBER Working Papers 3855, National Bureau of Economic Research, Inc.
    19. Sapir, Andre & Sekkat, Khalid, 1995. "Exchange rate regimes and trade prices Does the EMS matter?," Journal of International Economics, Elsevier, vol. 38(1-2), pages 75-94, February.
    20. Eichengreen, B., 1992. "Should the Maastricht Treaty be Saved?," Princeton Studies in International Economics 74, International Economics Section, Departement of Economics Princeton University,.
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    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Fournier, Jacques, 1995. "EMU and France," MPRA Paper 90410, University Library of Munich, Germany.
    2. Peters, Theo, 1997. "Stability in EMU," MPRA Paper 91713, University Library of Munich, Germany.
    3. Dusberg, Carl, 1997. "CAP and Monetary Policy," MPRA Paper 89234, University Library of Munich, Germany.
    4. Lefebvre, Dominique, 1997. "Euro Internationalization," MPRA Paper 89353, University Library of Munich, Germany.
    5. Braun, Dieter, 1995. "Bank Deposit Insurance and EMU," MPRA Paper 89588, University Library of Munich, Germany.
    6. Theo Peeters, 2018. "Stability in EMU," Papers 1807.07730, arXiv.org.
    7. Kirrane, Chris, 1999. "The Effects of Introducing the Euro on Southern Mediterranean Countries," MPRA Paper 93421, University Library of Munich, Germany.
    8. Yannis, Athena, 1996. "Fiscal Federalism and EMU," MPRA Paper 90306, University Library of Munich, Germany.
    9. Chris Kirrane, 2018. "The Bretton Woods Experience and ERM," Papers 1807.00418, arXiv.org.
    10. Kirrane, Chris, 2003. "The IMS and the Euro," MPRA Paper 88751, University Library of Munich, Germany.
    11. Kirrane, Chris, 1995. "The Bretton Woods Experience and ERM," MPRA Paper 89000, University Library of Munich, Germany.
    12. Garcia, Isabella, 1997. "Spain and EMU," MPRA Paper 89494, University Library of Munich, Germany.
    13. Carl Duisberg, 2018. "CAP and Monetary Policy," Papers 1807.09475, arXiv.org.
    14. Leandros, Panayota, 1997. "The Greek Economy and European Integration," MPRA Paper 93279, University Library of Munich, Germany.

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    More about this item

    Keywords

    EMU;

    JEL classification:

    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions

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