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Consensus and constraint : ideas and capital mobility in European monetary integration

By: Material type: TextTextPublication details: 1999Action note:
  • 3/7/00 M2LMGR
Summary: 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.
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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.

3/7/00 M2LMGR

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