Prices and interest rate behavior in the European Monetary Union: The first 18 months

Agustin Alonso-Rodriguez

International Advances in Economic Research, 2002, vol. 8, issue 4, 287-295

Abstract: New ideas on the role of central banks have been exposed in recent years. This paper studies the evolution of the consumer price index and the treasury bill rate in the 11 countries of the European Union that have adopted the euro to see if it could be considered to be consistent with a unified economic policy, as directed by the European Central Bank. This evolution is analyzed during the first year and a half of the existence of the euro. Copyright International Atlantic Economic Society 2002

Date: 2002
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DOI: 10.1007/BF02295503

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