Interpreting the ERM Crisis: Country-Specific and Systemic Issues
The crisis of the European exchange-rate system (ERM) in 1992093 was a critical event in the post- Bretton Woods history of the international monetary system. A full understanding of the causes, origins, and implications of the ERM breakdown can privide policy lessons that are particularly relevant, although by no means confined, to the current debate on the monetary future of Europe.
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|Date of creation:||1998|
|Contact details of provider:|| Postal: International Finance Section, Department of Economics Princeton University, Princeton, New Jersey, U.S.A|
Phone: (609) 258-4000
Fax: (609) 258-6419
Web page: http://www.econ.princeton.edu/
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CEPR Discussion Papers
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"The mirage of fixed exchange rates,"
Working Papers in Applied Economic Theory
95-08, Federal Reserve Bank of San Francisco.
- Currie,David & Levine,Paul, 2009.
"Rules, Reputation and Macroeconomic Policy Coordination,"
Cambridge University Press, number 9780521104609, December.
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- Bulow, Jeremy I & Geanakoplos, John D & Klemperer, Paul D, 1985. "Multimarket Oligopoly: Strategic Substitutes and Complements," Journal of Political Economy, University of Chicago Press, vol. 93(3), pages 488-511, June.
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