ERM Money Supplies and the Transition to EMU /

Stage 2 of monetary union in the Europe is to involve greater monetary cooperation; the paper examines the case for using the M3 money supply aggregated across 'core ERM' countries- -those with low inflation and absence of realignments- -as a vehicle for that cooperation. First, the existe...

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Autor principal: Masson, Paul
Altres autors: Cassard, Marcel, Lane, Timothy
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 1994.
Col·lecció:IMF Working Papers; Working Paper ; No. 1994/001
Accés en línia:Full text available on IMF