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...

Descripción completa

Detalles Bibliográficos
Autor principal: Masson, Paul
Otros Autores: Cassard, Marcel, Lane, Timothy
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 1994.
Colección:IMF Working Papers; Working Paper ; No. 1994/001
Acceso en línea:Full text available on IMF