European Policy Convergence and the EMS.

In this paper we analyze the degree of policy convergence of EMS member countries relative to that of some non-EMS countries. Interestingly, we find convergence for the nominal and real exchange rates and money supplies of the EMS members but not for the non-EMS countries. We also provide some evide...

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מחבר תאגידי: International Monetary Fund
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 1990.
סדרה:IMF Working Papers; Working Paper ; No. 1990/104
נושאים:
גישה מקוונת:Full text available on IMF
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245 1 0 |a European Policy Convergence and the EMS. 
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490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a In this paper we analyze the degree of policy convergence of EMS member countries relative to that of some non-EMS countries. Interestingly, we find convergence for the nominal and real exchange rates and money supplies of the EMS members but not for the non-EMS countries. We also provide some evidence to support the 'German leadership hypothesis' in the context of intra-EMS monetary policy convergence. 
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651 7 |a Germany  |2 imf 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1990/104 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1990/104/001.1990.issue-104-en.xml  |z IMF e-Library