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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP1656 |
DP1656 Regional Integration, Trade, and Migration: Are Demand Linkages Relevant in Europe? | |
Ian Wooton; Rodney D Ludema | |
发表日期 | 1997-06-27 |
出版年 | 1997 |
语种 | 英语 |
摘要 | This paper analyses several issues. First, it describes the main features of ERM II and compares them with those of ERM I as it evolved during the 1980s and 1990s. Second, it analyses whether, and under what conditions, ERM II will be more successful than its predecessor in avoiding disruptive speculative crises. To do so, it uses both new theoretical insights about the factors that affect the occurrence of speculative crises and an historical analysis of the turbulence within ERM I. |
主题 | International Macroeconomics |
关键词 | exchange rate Maastricht treaty Monetary integration |
URL | https://cepr.org/publications/dp1656 |
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/530796 |
推荐引用方式 GB/T 7714 | Ian Wooton,Rodney D Ludema. DP1656 Regional Integration, Trade, and Migration: Are Demand Linkages Relevant in Europe?. 1997. |
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