Assessing the Euro: Expectations and Achievements
Peter Kenen
Chapter 2 in Challenges for Europe, 2004, pp 31-45 from Palgrave Macmillan
Abstract:
Abstract There are some things that I shall not be discussing in this lecture. I shall not try to assess the quality of the monetary policy followed by the European Central Bank (ECB), the quality of its policy-making framework, or the merits of the rigorous way it quantifies price stability. I shall not explain why I believe that Britain should adopt the euro, although some of the issues raised in this lecture bear directly on that issue.
Keywords: Monetary Policy; European Central Bank; Aggregate Demand; Monetary Union; Foreign Exchange Market (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-52449-1_2
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DOI: 10.1057/9780230524491_2
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