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Monetary Policy in the European Monetary System : a Critical Appraisal /

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Monetary Policy in the European Monetary Systems (EMS) provides the reader with a critical assessment of the EMS operation, focusing on key issues like intervention in money and foreign exchange markets and credibility of EMS exchange rate bands. The book also reopens the discussion on the "EMS...

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Bibliographic Details
Main Author: Loureiro, João
Corporate Author: SpringerLink (Online service)
Other Authors: Hagen, Jürgen
Format: eBook
Language:English
Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 1996.
Series:European and transatlantic studies.
Subjects:
Economics.
International economic relations.
Electronic books.
Online Access:Connect to the full text of this electronic book
Table of Contents:
  • Introduction
  • The origins, design and working of the European Monetary System
  • "Leaning against the wind" in the EMS: Did it work? An analysis of the period from 1979 to 1988
  • "Leaning against the wind" through interest rate management: The EMS in the period from 1979 to 1988
  • Monetary autonomy in the EMS
  • The discipline hypothesis: What role for the EMS?- In search of a credible EMS
  • Summary and conclusions.