Monetary and Exchange Rate Policies of the Euro Area : Selected Issues.

This paper examines monetary and exchange rate policies of the euro area. The paper reviews the European Central Bank's definition of price stability, and examines the factors determining 'the optimal rate of inflation' in the euro area. It reviews the benefits of price stability, inc...

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書目詳細資料
企業作者: International Monetary Fund
格式: 雜誌
語言:English
出版: Washington, D.C. : International Monetary Fund, 2002.
叢編:IMF Staff Country Reports; Country Report ; No. 2002/236
在線閱讀:Full text available on IMF
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245 1 0 |a Monetary and Exchange Rate Policies of the Euro Area :   |b Selected Issues. 
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490 1 |a IMF Staff Country Reports 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper examines monetary and exchange rate policies of the euro area. The paper reviews the European Central Bank's definition of price stability, and examines the factors determining 'the optimal rate of inflation' in the euro area. It reviews the benefits of price stability, including the reduction in the distortions of savings and investment behavior that stem from the interaction between nominal tax systems and inflation. It then goes on to evaluate arguments for maintaining a small positive inflation rate in the context of the euro area. 
538 |a Mode of access: Internet 
830 0 |a IMF Staff Country Reports; Country Report ;  |v No. 2002/236 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/002/2002/236/002.2002.issue-236-en.xml  |z IMF e-Library