European Monetary Union: an old Keynesian guide to issues

The work adopts an old Keynesian perspective to evaluate the EMU. Such a perspective raises concerns with the effectiveness of monetary policy, the feasibility of monetary policy, and the political economy of monetary policy. The EMU brings with it institutional lock-in, and therefore needs to be ev...

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Bibliographic Details
Main Author: T.I. PALLEY
Format: Article
Language:English
Published: Associazione Economia civile 2013-10-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10574