The U.K. Business Cycle, Monetary Policy, and EMU Entry

The U.K. Business Cycle, Monetary Policy, and EMU Entry
In the context of the U.K. government's EMU entry condition of cyclical convergence, this paper (i) provides further evidence suggesting that historically the U.K.'s business cycle has been more volatile than, and relatively independent of, the cycles in the euro-area countries; and (ii) identifies, using a small VAR model, a relatively... READ MORE...

Publication date: December 2000
ISBN 9781451874792
$15.00

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