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Economics - Macroeconomics / Monetary Economics / Growth | Monetary Policy in a Converging Europe - Papers and Proceedings of an International Workshop organised

Monetary Policy in a Converging Europe

Papers and Proceedings of an International Workshop organised by De Nederlandsche Bank and the Limburg Institute of Financial Economics

Papers and Proceedings of an International Workshop organised by De Nederlandsche Bank and the Limburg Institute of Financial Economics of the University of Limburg, February 1995

Alders, J.A.J., Koedijk, C.G., Kool, C.J.M., Winder, C.C.A. (Eds.)

1996, VIII, 148 p.

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  • About this book

Monetary Policy in a Converging Europe covers the most important monetary issues in the transition towards an Economic and Monetary Union in Europe, containing contributions from renowned experts in relevant research and policy areas. Among other things, the contributions discuss the scope for inflation targeting, monetary interdependencies within the `core' ERM countries, money demand within the European Union, the difference between the monetary transmission mechanisms in the various European countries, and the preferred exchange rate policy in Stage Two of EMU. The book provides an excellent overview of current issues for anyone interested in monetary policy in a converging Europe.

Content Level » Research

Keywords » European Union (EU) - Inflation - Policy - financial economics - monetary policy - monetary union

Related subjects » International Economics / European Integration - Macroeconomics / Monetary Economics / Growth - Political Science - Public Finance

Table of contents 

Preface. I. Monetary policy in a converging Europe: overview of the issues and summary of the discussion; The editors. II. Do inflation targets redefine the central bank inflation preferences? Results from an indicator model; M.J. Dueker, A.M. Fischer. III. Monetary interdependencies in the `core' ERM countries: the P-star approach; H.M. Groeneveld, et al. IV. Policy consequences of money demand (in)stability: national vs. European; C. Monticelli. V. Credit characteristics and the monetary policy transmission mechanism in 14 industrial countries: facts, conjectures and some econometric evidence; C.E.V. Borio. VI. Who needs bands? Exchange rate policy before EMU; T. Bayoumi. VII. The best way to EMU: Summary of the panel discussion; The editors. On the authors, discussants, members of the panel and organisers.

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