Some Issues in the Design of Monetary Instruments for the Operation of European Economic and Monetary Union »
Series: IMF Working Papers
Author(s): Paul Hilbers , Arto Kovanen , and Charles Enoch
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 1997
Keywords: Monetary Operations, EMU, credit, reserve requirements, monetary policy, collateral, european monetary institute
The European Monetary Institute has been working with national central banks of the European Union (EU) to prepare instruments for the operation of monetary policy in Stage 3 of European Economic and Monetary Union...