On Sound Money and Credit Conditions

Mike Tsionas

Chapter Chapter 13 in The Euro and International Financial Stability, 2014, pp 65-78 from Springer

Abstract: Abstract It may appear at first sight that the EMU has done everything possible to maintain stable monetary and credit conditions. National currencies were substituted for a common currency whose stability rests upon restrictions on fiscal deficits and inflation.

Keywords: Interest Rate; Central Bank; Commercial Bank; Money Supply; Public Debt (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:fimchp:978-3-319-01171-4_13

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DOI: 10.1007/978-3-319-01171-4_13

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