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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP520 |
DP520 German Reunification and Exchange Rate Policy in the EMS | |
Jacques MELITZ | |
发表日期 | 1991-02-01 |
出版年 | 1991 |
语种 | 英语 |
摘要 | This stresses that the impact of German reunification on the DM is affected by current plans to move toward monetary union in the European Community. The fundamental value of the DM is different depending upon whether Germany will be part of a larger monetary union in the year 2000, or whether instead the EMS will have survived without major realignments or else with them. As a result, the impact of decisions by the other members to follow the DM during the process of German reunification will depend partly on market interpretations of the persistence of similar decisions in the future. The same policy actions by the others will have different effects depending upon the future outlook of the EMS |
主题 | International Macroeconomics |
关键词 | European monetary system German reunification Monetary union |
URL | https://cepr.org/publications/dp520 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529671 |
推荐引用方式 GB/T 7714 | Jacques MELITZ. DP520 German Reunification and Exchange Rate Policy in the EMS. 1991. |
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