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The advantage of tying one's hands: EMS discipline and Central Bank credibility · Study

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ArticleThe advantage of tying one's hands: EMS discipline and Central Bank credibility

Maurice Obstfeld1988

Article1988

The advantage of tying one's hands: EMS discipline and Central Bank credibility

Maurice Obstfeld

102 citations·0/0 files stored·European Economic Review

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Monetary Policy and Economic Impact Global Financial Crisis and Policies European Monetary and Fiscal Policies

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References

1985The Optimal Degree of Commitment to an Intermediate Monetary Target 1983A Positive Theory of Monetary Policy in a Natural Rate Model 1981A Positive Theory of Monetary Policy in a Natural-Rate Model 1985Can international monetary policy cooperation be counterproductive?1988Is sovereign policymaking bad?

Cited by

1997Fiscal Policy in Latin America 2000The Road to Monetary Union in Europe 2017When Is It Rational to Learn the Wrong Lessons? Technocratic Authority, Social Learning, and Euro Fragility 2007Optimum Currency Area Theory: A Selective Review 2015Central Bank Credibility: An Historical and Quantitative Exploration 1990Domestic politics and the international coordination of fiscal policies 2017On the Global Financial Market Integration “Swoosh” and the Trilemma 2019Models of Inflation and the Costs of Disinflation

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Year1988

Typearticle

Published1988-06-01

VenueEuropean Economic Review

ISSN-L0014-2921

Languageen

Citations102

Files0 public / 0

ShelfMonetary Policy and Economic Impact

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doi10.1016/0014-2921(88)90067-0

openalex_workW1580917240

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