Using An EC-Wide Monetary Aggregate in Stage Two of EMU /
This paper looks at whether the aggregate ERM money supply has been a useful predictor of short-term changes in inflation and growth, and long-term trends in price levels among the core ERM countries. The evidence suggests that over the period since 1987, when there have been no realignments, the ER...
Autore principale: | |
---|---|
Altri autori: | |
Natura: | Periodico |
Lingua: | English |
Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
1992.
|
Serie: | IMF Working Papers; Working Paper ;
No. 1992/056 |
Accesso online: | Full text available on IMF |