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The Advantages of Tying Austria's Hands: The Success of the Hard Currency Strategy

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  • Eduard HOCHREITER
  • Georg WINCKLER

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  • Eduard HOCHREITER & Georg WINCKLER, 1993. "The Advantages of Tying Austria's Hands: The Success of the Hard Currency Strategy," Vienna Economics Papers vie9307, University of Vienna, Department of Economics.
    • Handle: RePEc:vie:viennp:vie9307
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    References listed on IDEAS

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    1. Barro, Robert J. & Gordon, David B., 1983. "Rules, discretion and reputation in a model of monetary policy," Journal of Monetary Economics, Elsevier, vol. 12(1), pages 101-121.
    2. Calvo, Guillermo A, 1978. "On the Time Consistency of Optimal Policy in a Monetary Economy," Econometrica, Econometric Society, vol. 46(6), pages 1411-1428, November.
    3. Barry Eichengreen, 1992. "Is Europe an Optimum Currency Area?," Palgrave Macmillan Books, in: Silvio Borner & Herbert Grubel (ed.), The European Community after 1992, chapter 8, pages 138-161, Palgrave Macmillan.
    4. Mr. Georg Winckler, 1991. "Exchange Rate Appreciation As a Signal of a New Policy Stance," IMF Working Papers 1991/032, International Monetary Fund.
    5. Douglas D. Purvis, 1992. "Economic Integration, Currency Areas, and Macroeconomic Policy," Working Paper 859, Economics Department, Queen's University.
    6. Guglielmo Maria Caporale, 1993. "Is Europe an optimum currency area?," National Institute Economic Review, National Institute of Economic and Social Research, vol. 144(1), pages 95-113, May.
    7. Backus, David & Driffill, John, 1985. "Inflation and Reputation," American Economic Review, American Economic Association, vol. 75(3), pages 530-538, June.
    8. Genberg, Hans, 1989. " Exchange Rate Management and Macroeconomic Policy: A National Perspective," Scandinavian Journal of Economics, Wiley Blackwell, vol. 91(2), pages 439-469.
    9. Manfred Neumann, 1991. "Precommitment by central bank independence," Open Economies Review, Springer, vol. 2(2), pages 95-112, June.
    10. Peter Brandner & Albert Jaeger, 1992. "Aus WIFO-Studien: Zinsniveau und Zinsstruktur in Österreich," WIFO Monatsberichte (monthly reports), WIFO, vol. 65(11), pages 593-595, November.
    11. Vickers, John, 1986. "Signalling in a Model of Monetary Policy with Incomplete Information," Oxford Economic Papers, Oxford University Press, vol. 38(3), pages 443-455, November.
    12. Kydland, Finn E & Prescott, Edward C, 1977. "Rules Rather Than Discretion: The Inconsistency of Optimal Plans," Journal of Political Economy, University of Chicago Press, vol. 85(3), pages 473-491, June.
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