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The current role of national central banks in the Eurosystem

  • Eduard Hochreiter

This paper describes in some detail the tasks currently performed by the national central banks of the Eurosystem, using the Oesterreichische Nationalbank as an example. It does so against the background of the regime shift to the European economic and monetary union that occurred on January 1, 1999. It also sketches some of the issues which will need be addressed in the evolution of the division of labor between the European Central Bank and the national central banks. Copyright International Atlantic Economic Society 2000

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Article provided by International Atlantic Economic Society in its journal Atlantic Economic Journal.

Volume (Year): 28 (2000)
Issue (Month): 3 (September)
Pages: 300-308

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Handle: RePEc:kap:atlecj:v:28:y:2000:i:3:p:300-308
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  1. Willem H. Buiter, 1999. "Alice in Euroland," LSE Research Online Documents on Economics 20226, London School of Economics and Political Science, LSE Library.
  2. Eichengreen, Barry, 1993. "European Monetary Unification," Journal of Economic Literature, American Economic Association, vol. 31(3), pages 1321-57, September.
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