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Comments on Berrigan and Carré

Comments on Berrigan and Carré »

Source: EMU and the International Monetary System

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756640

Keywords: exchange rate, inflation, monetary policy, exchange rates, central bank

I agree with Berrigan and Carré that the creation of EMU is a major international development, which will affect not only the member states of the monetary union but also their trad...

Comments on Cohen

Comments on Cohen »

Source: EMU and the International Monetary System

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756640

Keywords: exchange rate, inflation, monetary policy, exchange rates, central bank

This is an ambitious paper dealing with an interesting and relevant question. It develops a model of the relationship between the real exchange rate and monetary and fiscal policy i...

Comments on De Grauwe

Comments on De Grauwe »

Source: EMU and the International Monetary System

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756640

Keywords: exchange rate, inflation, monetary policy, exchange rates, central bank

Paul De Grauwe reasons that in a future EMU with “ins” and “outs,” the “outs” that want “in” will be subject to speculative attacks. According to present rules, these “outs” will ne...

Comments on Ghironi and Giavazzi

Comments on Ghironi and Giavazzi »

Source: EMU and the International Monetary System

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756640

Keywords: exchange rate, inflation, monetary policy, exchange rates, central bank

One of the most crucial issues facing European policymakers concerns the composition of the group of countries that will enter the third phase of EMU in January 1999, and the proces...

Comments on Masson and Turtelboom

Comments on Masson and Turtelboom »

Source: EMU and the International Monetary System

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756640

Keywords: exchange rate, inflation, monetary policy, exchange rates, central bank

Let me begin first by thanking the Fund for inviting me to be a discussant in this session. Today I have been asked to comment on the paper by Masson and Turtelboom. Also, I have be...

Comments on McCauley and White

Comments on McCauley and White »

Source: EMU and the International Monetary System

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756640

Keywords: exchange rate, inflation, monetary policy, exchange rates, central bank

It is a great pleasure to commend Bob McCauley and Bill White on a fine and excellently written paper. It is comprehensive and thought-provoking in its coverage of the possible chan...

Comments on Polak and on Thygesen

Comments on Polak and on Thygesen »

Source: EMU and the International Monetary System

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756640

Keywords: exchange rate, inflation, monetary policy, exchange rates, central bank

Bernd Goos It was a great pleasure for me to discuss the two papers before us, which I found most interesting and thought provoking. I really regret that I only have 10 minutes to co...

Comments on Prati and Schinasi

Comments on Prati and Schinasi »

Source: EMU and the International Monetary System

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756640

Keywords: exchange rate, inflation, monetary policy, exchange rates, central bank

Although this is already the second day of this conference, it is not too late to welcome the conference as a sign of the increasing interest in and recognition of the EMU process a...

Credibility and Exchange Rate Management in Developing Countries

Credibility and Exchange Rate Management in Developing Countries »

Source: Credibility and Exchange Rate Management in Developing Countries

Volume/Issue: 1991/87

Series: IMF Working Papers

Author(s): Pierre-Richard Agénor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1991

ISBN: 9781451850925

Keywords: exchange rate, inflation, fixed exchange rate, real exchange rate, nominal exchange rate

The paper examines the role of credibility in the conduct of exchange rate policy in developing countries, The analysis is based on a model in which policymakers are concerned about inflation and external competiti...

2. Domestic and Cross-Border Consequences of U.S. Macroeconomic Policies

2. Domestic and Cross-Border Consequences of U.S. Macroeconomic Policies »

Source: Macroeconomic Policies in an Interdependent World

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1989

ISBN: 9781557751119

Keywords: exchange rate, inflation, monetary policy, real exchange rate

Ralph C. Bryant, John F. Helliwell, and Peter Hooper* I. Introduction Sound decisions about economic policies by national governments—and,...