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Monetary Frameworks
			: Is There a Preferred Option for the European Central Bank?

Monetary Frameworks : Is There a Preferred Option for the European Central Bank? »

Volume/Issue: 1997/6

Series: IMF Policy Discussion Papers

Author(s): Ramana Ramaswamy

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1997

DOI: http://dx.doi.org/10.5089/9781451972030.003

ISBN: 9781451972030

Keywords: European Central Bank, Monetary policy, Inflation, EMU, Inflation targeting, Monetary targeting, monetary union

This paper discusses how the size of the monetary union in Europe can influence the choice of the monetary framework. The main conjecture is that the European Central Bank ought to target inflation if monetary unio...

Monetary Frameworks

Monetary Frameworks »

Source: Monetary Frameworks : Is There a Preferred Option for the European Central Bank?

Volume/Issue: 1997/6

Series: IMF Policy Discussion Papers

Author(s): Ramana Ramaswamy

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1997

ISBN: 9781451972030

Keywords: European Central Bank, Monetary policy, Inflation, EMU, Inflation targeting, Monetary targeting, monetary union

This paper discusses how the size of the monetary union in Europe can influence the choice of the monetary framework. The main conjecture is that the European Central Bank ought to target inflation if monetary unio...