Convergence of inflation: A necessary prerequisite for EMU?

Open Economies Review

Volumn 7, Issue 2, 1996, Pages 117-126

  Bini Smaghi, Lorenzo ^a   Del Giovane, Paolo ^b  

^a European Monetary Institute   (Germany)

^b BANK OF ITALY   (Italy)

Author keywords

European monetary unification; Inflation convergence

Indexed keywords

ECONOMIC AND MONETARY UNION; HARMONISATION; INFLATION CONVERGENCE; MONETARY POLICY;

EUROPE, (WEST);

EID: 0029821418     PISSN: 09237992     EISSN: None     Source Type: Journal    
DOI: 10.1007/bf01891899     Document Type: Article

References (11)

1. Barro, R. and D. Gordon (1983) "Rules, Discretion and Reputation in a Model of Monetary Policy," Journal of Monetary Economics 12, 101-121.
2. Begg, D. et al. (1991) "European Monetary Union: the Macro Issues." In Monitoring European Integration: The Making of Monetary Union. London: CEPR, pp. 3-66.
3. Bini-Smaghi, L., T. Padoa-Schioppa, and F. Papadia (1995) "The Transition to EMU in the Maastricht Treaty," Princeton Essays in International Finance, in press.
4. De Grauwe, P. (1994) "Toward EMU without the EMS," Economic Policy 18, 149-185.
5. Eichengreen, B. (1993) "European Monetary Unification," Journal of Economic Literature 31, 1321-1357.
6. Giavazzi, F. and L. Spaventa (1990) "The New EMS," CEPR Discussion Paper No. 369.
7. Giovannini, A. (1990) "European Monetary Reform: Progress and Prospects," Brooking Papers on Economic Activity 2, 217-291.
8. Kenen, P. (1992) "EMU after Maastricht," Group of Thirty, Washington, D.C.
9. Italiener, A. (1993) "Mastering Maastricht: EMU Issues and How They Were Settled." In K. Gretschman (ed.), Economic and Monetary Union: Implications for National Policy Makers. Martinus Nijhoff Science Publishers.
10. Miller, M. and A. Sutherland (1990) "The 'Walters Critique' of the EMS - A Case of Inconsistent Expectations," Warwick Economic Research Paper, No. 363.
11. Walters, A. (1990) Sterling in Danger. Fontana: London.