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Cover of European integration, monetary co-ordination, and the demand for money

European integration, monetary co-ordination, and the demand for money

By Carlo Monticelli

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Publish Date

1996

Publisher

Clarendon Press,Oxford University Press

Language

eng

Pages

224

Description:

The theoretical and empirical analysis of this book proposes an innovative perspective on the issue of improving monetary integration, written from the privileged viewpoint of central bank experience. The empirical findings presented here support the case for the adoption of a scheme of monetary co-ordination which relies on the control of area-wide money supply, and which would employ a mutually beneficial solution to the problem of symmetry.