Monetary and Exchange Rate Policies of the Euro Area : Selected Issues

Selected Issues

Monetary and Exchange Rate Policies of the Euro Area : Selected Issues
This paper examines monetary and exchange rate policies of the euro area. The paper reviews the European Central Bank's definition of price stability, and examines the factors determining "the optimal rate of inflation" in the euro area. It reviews the benefits of price stability, including the reduction in the distortions of savings and... READ MORE...

Publication date: October 2002
ISBN 9781451812985
$15.00

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