Monetary Policy Interaction within the EMS.

A simple two-country stochastic model is used to analyze monetary policy interaction in a system of exchange rate bands such as the EMS, in the context of internationally-integrated financial markets. We consider the widely-acknowledged asymmetry of the system, as it pertains to member countries...

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Соавтор: International Monetary Fund
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 1989.
Серии:IMF Working Papers; Working Paper ; No. 1989/008
Online-ссылка:Full text available on IMF