The European Monetary Union

Giancarlo Gandolfo

Chapter 21 in International Finance and Open-Economy Macroeconomics, 2016, pp 557-581 from Springer

Abstract: Abstract The European Monetary Union, besides its obvious interest for European students, also has a general interest: it is, in fact, the first large-scale experiment of setting up a monetary union among industrialized countries. The precursor of the European Monetary Union was the European Monetary System, of which we shall give an overview before passing on to treat the European Monetary Union. Particular care is given to the question whether a monetary union can stand on its own or requires previous policy coordination measures.

Keywords: Exchange Rate; Monetary Policy; Central Bank; Euro Area; European Central Bank (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-662-49862-0_21

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DOI: 10.1007/978-3-662-49862-0_21

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