Possible Effects of European Monetary Union on Switzerland : A Case Study of Policy Dilemmas Caused by Low Inflation and the Nominal Interest Rate Floor /

This paper examines the possible effects on Switzerland of asset preference shifts in favor of Swiss-franc-denominated assets that could result from EMU. Alternative policy responses to temporary and persistent asset preference shifts and the consequent pressures for exchange rate appreciation are e...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Laxton, Douglas
Rannpháirtithe: Prasad, Eswar
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 1997.
Sraith:IMF Working Papers; Working Paper ; No. 1997/023
Rochtain ar líne:Full text available on IMF