The Effects of EMU on the Finnish Economy - Some Early Conjectures

Juha Tarkka
Additional contact information
Juha Tarkka: Bank of Finland

The Economic and Social Review, 2002, vol. 33, issue 2, 161-177

Abstract: This paper analyses the convergence of the Finnish economy to the monetary policy regime of the EMU. We review the expectations on the effects of EMU membership which prevailed before the union was established, and compare those with actual outcomes for Finland in the first years of the EMU. It seems that the de facto membership in the new policy regime, began approximately at the beginning of 1997. The significant improvement of some traditional structural imbalances of the Finnish economy is reported. It is argued that the improvement of monetary policy credibility can explain much of the improved performance of the economy.

Date: 2002
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.esr.ie/Vol33_2Tarkka.pdf First version, 2002 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eso:journl:v:33:y:2002:i:2:p:161-177

Access Statistics for this article

More articles in The Economic and Social Review from Economic and Social Studies
Bibliographic data for series maintained by Aedin Doris ().