The Design of EMU /
Pursuit of price stability may, but need not, exacerbate output fluctuations. This paper discusses the monetary strategy of the European Central Bank, the intermediate targets that this should entail, and implications for accountability, transparency, and reputation. Country-specific shocks will rem...
第一著者: | |
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フォーマット: | 雑誌 |
言語: | English |
出版事項: |
Washington, D.C. :
International Monetary Fund,
1997.
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シリーズ: | IMF Working Papers; Working Paper ;
No. 1997/099 |
オンライン・アクセス: | Full text available on IMF |