On securing a common monetary policy in Europe
The work looks at the EEC’s integration, and specifically the evolution from a pseudo exchange-rate union to full monetary integration and the technical actions of coordinating the actions of national central banks. First the monetary impact of international payments imbalances is assessed. The disc...
| প্রধান লেখক: | |
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| বিন্যাস: | প্রবন্ধ |
| ভাষা: | English |
| প্রকাশিত: |
Associazione Economia civile
2013-12-01
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| মালা: | PSL Quarterly Review |
| বিষয়গুলি: | |
| অনলাইন ব্যবহার করুন: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11422 |
| সংক্ষিপ্ত: | The work looks at the EEC’s integration, and specifically the evolution from a pseudo exchange-rate union to full monetary integration and the technical actions of coordinating the actions of national central banks. First the monetary impact of international payments imbalances is assessed. The discount mechanism and partial sterilisation is then considered. Finally, the author looks at restricting the scope of open-market operations.
JEL: E52, F36
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| আইএসএসএন: | 2037-3635 2037-3643 |