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portada monetary policy in the european monetary system: a critical appraisal
Type
Physical Book
Author
Publisher
Year
2011
Language
English
Pages
147
Format
Paperback
Dimensions
23.4x15.6x0.9 cm
Weight
0.23 kg.
ISBN
3642801021
ISBN13
9783642801020
Categories

monetary policy in the european monetary system: a critical appraisal

Joao Loureiro (Author) · Springer · Paperback

monetary policy in the european monetary system: a critical appraisal - Loureiro, Joao

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Synopsis "monetary policy in the european monetary system: a critical appraisal"

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.

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