EMS discipline: did it contribute to inflation convergence?
L. Bini Smaghi
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L. Bini Smaghi: Banca d'Italia
BNL Quarterly Review, 1994, vol. 47, issue 189, 187-223
Abstract:
The paper focuses on the cross-section comparison of inflation performance inside and outside the EMS. The evidence contained in the literature is first reviews. The author then examines some of the limitations of the analysis contained in the literature and presents new empirical evidence that takes into account some aspects that were previously ignored.
Keywords: EMS; inflation; cross-section comparison (search for similar items in EconPapers)
JEL-codes: E31 E52 F15 (search for similar items in EconPapers)
Date: 1994
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Persistent link: https://EconPapers.repec.org/RePEc:psl:bnlaqr:1994:23
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