Evaluating the EMS and EMU Using Stochastic Simulations : Some Issues /

Evaluations of European monetary integration using model simulations have given conflicting results, and the paper attempts to elucidate the reasons for the differences. Several features stand out: how to model realignments; how monetary policy is set for individual countries or for Europe; and how...

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Hlavní autor: Masson, Paul
Další autoři: Symansky, Steven
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 1993.
Edice:IMF Working Papers; Working Paper ; No. 1993/028
On-line přístup:Full text available on IMF