| 000 | 02320nam a22004094a 4500 | ||
|---|---|---|---|
| 001 | WPIEA0581997 | ||
| 003 | IMF | ||
| 005 | 20190405155105.0 | ||
| 006 | m o d | ||
| 007 | cr cn||||||||| | ||
| 008 | 020129s1997 dcu o i00 0 eng d | ||
| 020 |
_a1451847823 : _c15.00 USD |
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| 020 | _z9781451847826 | ||
| 022 | _a1018-5941 | ||
| 024 | 7 |
_a10.5089/9781451847826.001 _2doi |
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| 035 | _a(IMF)WPIEA0581997 | ||
| 040 |
_aDcWaIMF _beng |
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| 100 | 1 | _aMasson, Paul R. | |
| 245 | 1 | 0 |
_aCharacteristics of the Euro, the Demand for Reserves, and Policy Coordination Under EMU _h[electronic resource] / _cPaul R Masson. |
| 260 |
_aWashington, D.C. : _bInternational Monetary Fund, _c1997. |
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| 300 | _a1 online resource (37 p.) | ||
| 490 | 1 |
_aIMF Working Papers; Working Paper ; _vNo. 97/58 |
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| 520 | 3 | _aThe success of European Economic and Monetary Union (EMU) will depend on the stability of the euro. The monetary policy framework is yet to be decided, but is likely to involve either money or inflation targeting. Stochastic simulations compare the outcomes for major macroeconomic and financial variables pre- and post-EMU under both policy rules, as well as under an inflation targeting rule that includes output. Implications for the euro as a reserve currency are examined in the light of the expected returns and covariances among reserve currencies. The role of the exchange rate as an indicator and incentives for policy coordination with other major countries are also discussed. | |
| 588 | _aDescription based on print version record. | ||
| 650 | 7 |
_aForeign Exchange _2imf |
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| 650 | 7 |
_aInflation Targeting _2imf |
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| 650 | 7 |
_aInflation _2imf |
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| 650 | 7 |
_aMonetary Policy _2imf |
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| 650 | 7 |
_aMonetary Union _2imf |
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| 651 | 7 |
_aGermany _2imf |
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| 651 | 7 |
_aJapan _2imf |
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| 651 | 7 |
_aUnited States _2imf |
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| 700 | 1 | _aTurtelboom, Bart. | |
| 776 | 0 | 8 |
_iPrint Version: _aMasson, Paul R. _tCharacteristics of the Euro, the Demand for Reserves, and Policy Coordination Under EMU _dWashington, D.C. : International Monetary Fund, 1997. _z9781451847826 |
| 830 | 0 |
_aIMF Working Papers; Working Paper ; _vNo. 97/58 |
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| 856 | 4 | 0 |
_uhttp://elibrary.imf.org/view/IMF001/01188-9781451847826/01188-9781451847826/01188-9781451847826.xml _zIMF e-Library |
| 856 | 4 | 0 |
_uhttp://www.imfbookstore.org/IMFORG/9781451847826 _zIMF Book Store |
| 999 |
_c148917 _d148917 |
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