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...
Співавтор: | |
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Формат: | Журнал |
Мова: | English |
Опубліковано: |
Washington, D.C. :
International Monetary Fund,
1989.
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Серія: | IMF Working Papers; Working Paper ;
No. 1989/008 |
Онлайн доступ: | Full text available on IMF |