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Monetary policy, sovereign spreads and fixed exchange rates: a vicious circle

Francesco Caputo Nassetti
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Francesco Caputo Nassetti: Swiss Merchant Corporation

BANCARIA, 2016, vol. 12, 46-50

Abstract: 15 years of European monetary policy, togheter with incomplete integration and the crisis, have created a mechanism that is transferring wealth from the poorest to the richest member countries. A new proposal is therefore necessary

JEL-codes: E50 F30 (search for similar items in EconPapers)
Date: 2016
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