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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Hlavní autor: Masson, Paul
Další autoři: Cassard, Marcel, Lane, Timothy
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 1994.
Edice:IMF Working Papers; Working Paper ; No. 1994/001
On-line přístup:Full text available on IMF