One Market, One Money - An Evaluation of Potential Benefits Costs of Forming an Economic

Zusatztext `Useful for its analysis of monetary union. No equivalent at this level to the best of my knowledge.'C. McPherson, Humberside University Zusammenfassung This book provides a much-needed accessible and non-technical account of a highly topical issue - European Monetary Union. It is a coherent and authoritative statement of the view of the Commission of the European Communities by its chief economist. The book has already been written about in the Financial Times, and it should attract much media attention on publication. Inhaltsverzeichnis Executive Summary; A: Synthesis and Economic Principles: Synthesis; The Economics of EMU; B: The Main Benefits and Costs: Efficiency Gains; Benefits of Stable Prices; Implications for Public Finance; Adjusting without the Nominal Exchange Rate; External Dimensions; C: The Impact Through Time and Space: Transitional Issues; Spatial Aspects; National Perspectives on the Costs and Benefits of EMU; Annexes: Exchange Transaction Costs; Germany and the Netherlands: the Case of a de facto Monetary Union; European and German Economic and Monetary Union: a Comparison; Shocks and Adjustment in EMU: Simulations with the Quest Model; Exchange Rate Regimes in the EC: Simulations with the Multimod Model

Product details

• Authors: Michael Emerson, Michael Gros Emerson, Emerson Michael, Daniel Gros, Alexander Italianer, Italianer Alexander
• Publisher: Oxford University Press
• Languages: English
• Product format: Paperback / Softback
• Released: 27.02.1992
• EAN: 9780198773245
• ISBN: 978-0-19-877324-5
• No. of pages: 354
• Subjects: Social sciences, law, business > Business > International economy; BUSINESS & ECONOMICS / Money & Monetary Policy, BUSINESS & ECONOMICS / International / General, Business / Economics / Finance, BUSINESS & ECONOMICS / Foreign Exchange, International Economics, Monetary Economics, EU (European Union)