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Monetary Policy in the European Monetary System: A Critical Appraisal Softcover Repri Edition
Contributor(s): Loureiro, Joao (Author)
ISBN: 3642801021     ISBN-13: 9783642801020
Publisher: Springer
OUR PRICE:   $104.49  
Product Type: Paperback - Other Formats
Published: December 2011
Qty:
Additional Information
BISAC Categories:
- Business & Economics | International - Economics
- Business & Economics | Economics - General
Dewey: 337
Series: European and Transatlantic Studies
Physical Information: 0.34" H x 6.14" W x 9.21" (0.51 lbs) 147 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
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 discipline-credibility hypothesis" and the notion of "New EMS", testing both with an original methodology. The conflict between internal and external objectives is made clear and the empirical results show the choices made by the individual countries and the resulting implications. The book is written with an empirical orientation based on a unifying data description framework.