Comments on ‘Tracks Towards a Common Monetary Policy in Europe’ by Norbert Kloten

Manfred Borchert

A chapter in Monetary Theory and Monetary Policy, 1993, pp 18-20 from Palgrave Macmillan

Abstract: Abstract When economists talk about establishing monetary unions they first discuss two theoretical models, namely the monetarist concept and the economistic concept, which means the alternatives of either first adjusting monetary policies of the countries wishing to unionise or to start by founding a central monetary institution.

Keywords: Exchange Rate; Monetary Policy; European Central Bank; Monetary Union; Domestic Currency (search for similar items in EconPapers)
Date: 1993
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-23096-9_2

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DOI: 10.1007/978-1-349-23096-9_2

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