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...

Descripción completa

Detalles Bibliográficos
Autor principal: Masson, Paul
Otros Autores: Symansky, Steven
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 1993.
Colección:IMF Working Papers; Working Paper ; No. 1993/028
Acceso en línea:Full text available on IMF