| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP945 |
| DP945 The Political Economy of State Aids in the European Community: Some Econometric Evidence | |
| Damien J. Neven | |
| 发表日期 | 1994-04-30 |
| 出版年 | 1994 |
| 语种 | 英语 |
| 摘要 | This paper addresses the issue of the transition from Stage Two of EMU to Stage Three. The criteria established in the Maastricht Treaty for this transition include an ERM qualification. Under this criterion a participating country would have had to maintain its position in the normal bands of the ERM for a period of not less than two years. The accepted interpretation of `normal' has been `narrow' (2.25%). The speculative crises of 1992 and 1993 and their resolution in the form of the present `broad-bands' ERM complicate the problem of satisfying this criterion. The paper asks whether the criterion on its accepted interpretation is well-founded and, if so, what policies would need to be pursued, in the light of recent experience, in order to satisfy it. A critical part of the conclusion is that the EMI must be given, by agreement, greater powers of decision and recommendation than currently envisaged. |
| 主题 | International Macroeconomics |
| 关键词 | Emu Erm Exchange rates Intervention Speculative attack |
| URL | https://cepr.org/publications/dp945 |
| 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/530086 |
| 推荐引用方式 GB/T 7714 | Damien J. Neven. DP945 The Political Economy of State Aids in the European Community: Some Econometric Evidence. 1994. |
| 条目包含的文件 | 条目无相关文件。 | |||||
| 个性服务 |
| 推荐该条目 |
| 保存到收藏夹 |
| 导出为Endnote文件 |
| 谷歌学术 |
| 谷歌学术中相似的文章 |
| [Damien J. Neven]的文章 |
| 百度学术 |
| 百度学术中相似的文章 |
| [Damien J. Neven]的文章 |
| 必应学术 |
| 必应学术中相似的文章 |
| [Damien J. Neven]的文章 |
| 相关权益政策 |
| 暂无数据 |
| 收藏/分享 |
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
