A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
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Macroeconomic Policy Coordination In Europe: The Erm And Monetary Union
Despite the progression towards the formation of European Monetary Union (EMU), there still exists considerable disagreement between economists about the relative merits of the current European Monetary System (EMS), EMU, and a return to independent policy under floating exchange rates. This book aims to contribute to this debate on monetary union in Europe by using large-scale macroeconomic models of the world economy, including the OECD Interlink model and the widely used NiGEM model, to evaluate the EMU, the EMS, and floating exchange rate policies. Various modelling groups address the issues facing Europe and their implications for policy analysis.
A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
Analyzes Europe's monetary system choices with macroeconomic models.
Who is this book for?
This book is perfect if you're interested in understanding the complex debates surrounding Europe's monetary policy options. It uses detailed models to shed light on whether Europe's approach benefits the entire region or if alternatives might work better. Economists and policy enthusiasts alike will find this a thoughtful and in-depth exploration of European financial stability.
