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Appendix I: Statistical Tables

Appendix I: Statistical Tables »

Source: The European Monetary System : Recent Developments

Series: Occasional Papers

Author(s): Owen Evens , Thomas Mayer , Philip Young , and Horst Ungerer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 1986

ISBN: 9780939934799

Keywords: exchange rate, exchange rates, monetary fund, inflation, exchange rate variability

Table 1. Quotas and Ceilings Under the Short-Term Monetary Support and Medium-Term Financial Assistance Facilities...

Appendix II: Legal Texts

Appendix II: Legal Texts »

Source: The European Monetary System : Recent Developments

Series: Occasional Papers

Author(s): Owen Evens , Thomas Mayer , Philip Young , and Horst Ungerer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 1986

ISBN: 9780939934799

Keywords: exchange rate, exchange rates, monetary fund, inflation, exchange rate variability

I. Excerpts from Single European Act Preamble … Whereas at their Conference in Paris from 19 to 21 October 1972 the Heads of State or of Government app...

9 Case Studies of Four Large Economies

9 Case Studies of Four Large Economies »

Source: Wage Determination and Incomes Policy in Open Economies

Series: Books

Author(s): Anne Braun

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1986

ISBN: 9780939934751

Keywords: wage, inflation, wages, wage increases, wage bargaining

Chapters 9 and 10 consist of case studies and some general conclusions on labor market organization and incomes policies since the 1960s in the United Kingdom, Japan, the Federal Republic of Ger...

10 Case Studies of Three Small Economies

10 Case Studies of Three Small Economies »

Source: Wage Determination and Incomes Policy in Open Economies

Series: Books

Author(s): Anne Braun

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1986

ISBN: 9780939934751

Keywords: wage, inflation, wages, wage increases, wage bargaining

Strongly institutionalized incomes policies have been a persistent feature of economic management in Austria, the Netherlands, and Norway, 1 contributing to the achievement of rea...

7 Demand Expansion, Inflation, and Real Output Growth Under Imperfect Competition

7 Demand Expansion, Inflation, and Real Output Growth Under Imperfect Competition »

Source: Wage Determination and Incomes Policy in Open Economies

Series: Books

Author(s): Anne Braun

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1986

ISBN: 9780939934751

Keywords: wage, inflation, wages, wage increases, wage bargaining

This chapter discusses certain aspects of the workings of an industrial economy which cause changes in the rate of expansion of nominal demand to be reflected to a varying degree in price changes or in chang...

The European Monetary System
			: Recent Developments

The European Monetary System : Recent Developments »

Series: Occasional Papers

Author(s): Owen Evens , Thomas Mayer , Philip Young , and Horst Ungerer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 1986

DOI: http://dx.doi.org/10.5089/9780939934799.084

ISBN: 9780939934799

Keywords: exchange rate, exchange rates, monetary fund, inflation, exchange rate variability

This study reviews developments in the European Monetary System from the beginning of 1983 to August 1986; it updates and complements an earlier study prepared by staff members of the International Monetary Fund an...

Exchange Rate Policy and Liability Dollarization

Exchange Rate Policy and Liability Dollarization »

Source: Exchange Rate Policy and Liability Dollarization : An Empirical Study

Volume/Issue: 2007/33

Series: IMF Working Papers

Author(s): Pelin Berkmen , and Eduardo Cavallo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2007

ISBN: 9781451865974

Keywords: exchange rate policy, exchange rate, foreign currency, inflation, nominal exchange rate

The paper identifies the contemporaneous relationship between exchange rate policy and liability dollarization using three different definitions of dollarization. The presence of endogeneity makes the empirical ide...

I Introduction

I Introduction »

Source: The European Monetary System : Recent Developments

Series: Occasional Papers

Author(s): Owen Evens , Thomas Mayer , Philip Young , and Horst Ungerer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 1986

ISBN: 9780939934799

Keywords: exchange rate, exchange rates, monetary fund, inflation, exchange rate variability

The European Monetary System (EMS) came into operation in March 1979, in accordance with the Resolution of December 5, 1978 of the European Council, composed of the Heads of State and Government of the then...

II The System and Its Development

II The System and Its Development »

Source: The European Monetary System : Recent Developments

Series: Occasional Papers

Author(s): Owen Evens , Thomas Mayer , Philip Young , and Horst Ungerer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 1986

ISBN: 9780939934799

Keywords: exchange rate, exchange rates, monetary fund, inflation, exchange rate variability

This section summarizes the main characteristics and operational elements of the EMS, as laid down in the EMS Agreement, and surveys their evolution in the context of the actual operation of the EMS by the p...

III Exchange Rate Developments

III Exchange Rate Developments »

Source: The European Monetary System : Recent Developments

Series: Occasional Papers

Author(s): Owen Evens , Thomas Mayer , Philip Young , and Horst Ungerer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 1986

ISBN: 9780939934799

Keywords: exchange rate, exchange rates, monetary fund, inflation, exchange rate variability

Overview From its inception until 1983 the EMS was characterized by frequent periods of exchange market strain and numerous consequent realignments of central rates among currencies...