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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| Format: | Zeitschrift |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
1993.
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| Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 1993/028 |
| Online Zugang: | Full text available on IMF |