The Effect of the ERM on Participating Economies /

The effect of membership of the ERM on macroeconomic performance is analyzed using vector autoregression techniques. The results indicate that while the ERM has had little effect on the nature of the shocks hitting the economies, it has had a significant effect on the response of member countries to...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Bayoumi, Tamim
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 1991.
Sarja:IMF Working Papers; Working Paper ; No. 1991/086
Linkit:Full text available on IMF