Implementation of Monetary Policy in Ems Countries Participating in the Exchange Rate Mechanism /

This paper investigates the issue of monetary interdependence among members of the European Monetary System over the period 1979-91 and the leadership role attributed to the German central bank in the process of monetary integration, and looks for possible changes in central banks' behaviors. E...

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Bibliographic Details
Main Author: Galy, Michel
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1992.
Series:IMF Working Papers; Working Paper ; No. 1992/087
Online Access:Full text available on IMF