Kirrane, Chris (1990): Why European monetary union?
PDF
MPRA_paper_93417.pdf Download (183kB) |
Abstract
European monetary integration is on the agenda. In April 1989, the Dublin European Council announced its agreement on the European Monetary Union by January 1993, the date of the planned completion of the large internal European market. While the heads of state and government encourage monetary integration for essentially political reasons, economists examine the costs and benefits. This paper attempts to answer two fundamental questions that an economist would like to ask about European monetary integration: What are the reasons for moving towards monetary integration? What are the concrete measures?
Item Type: | MPRA Paper |
---|---|
Original Title: | Why European monetary union? |
Language: | English |
Keywords: | Monetary Union |
Subjects: | E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit > E58 - Central Banks and Their Policies |
Item ID: | 93417 |
Depositing User: | Dr Christopher Kirrane |
Date Deposited: | 24 Apr 2019 14:57 |
Last Modified: | 09 Oct 2019 02:16 |
References: | CIAMPI , C. A. (1989). ‘An Operational Framework for an Integrated Monetary Policy in Europe, Appendix to the Delors Report, pp. 225-232. COHEN, D. (1989). ‘The Costs and Benefits of a European Currency’, Ch. 7 in M. de Cecco and A. Giovanni eds., A European Central Bank, Italian Macroeconomic Policy Studies and CEPR, Cambridge University Press, Cambridge, pp. 195-209. EC. (1970). Report on Economic and Monetary Union, Werner Report, Brussels, CEC. EC, 1989: Report on Economy and Monetary Union in the European Community, Delors Report, Luxembourg, BPOCE. EMERSON, M. (1988). ‘The Economics of 1993’, European Economy, No. 42, March. HM Treasury. (1989). An Evolutionary Approach to Economic and Monetary Union, London, November. LOUIS, J.V. (1989). Towards a European System of Central Banks, Collection directed by the Institute of European Studies, Editions of the University of Brussels. PÖHL, K.O. (1989). ‘The Further Developments of the European Monetary System’, Appendix to the Delors Report, pp. 131-135, September. ROMER, P. (1989). ‘Increasing Returns and New Developments in the Theory of Growth’, NBER Working Paper No. 3098, September. STOCKMAN, A.C. (1988). ‘Sectoral and National Disturbances to Industrial Output in Seven European Countries’, Journal of Monetary Economics 21, pp. 387-409. WALTERS, A. (1986). Britain's Renaissance Economy, Oxford University Press, Oxford. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/93417 |