Consensus and constraint : ideas and capital mobility in European monetary integration
McNAMARA, Kathleen R.
Consensus and constraint : ideas and capital mobility in European monetary integration - 1999
Presents a simple macroeconomic model for understanding the implications of capital mobility for monetary co-operation and then applies it to the historical experience of post-war Europe with fixed exchange rate regimes. Analyses the role of ideas in monetary policy-making and describes their impact on European monetary integration. Considers the future of European monetary union.
Consensus and constraint : ideas and capital mobility in European monetary integration - 1999
Presents a simple macroeconomic model for understanding the implications of capital mobility for monetary co-operation and then applies it to the historical experience of post-war Europe with fixed exchange rate regimes. Analyses the role of ideas in monetary policy-making and describes their impact on European monetary integration. Considers the future of European monetary union.