The Assessment: EMU, Four Years On.
This paper reviews the functioning of the Economic and Monetary Union over the first 4 years of its existence. Monetary policy is viewed as having been of the "inflation-targeting" type, but with a tendency towards delay and conservatism in adjustment, which may also reflect over-optimisti...
Main Authors: | , |
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Format: | Journal article |
Language: | English |
Published: |
2003
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