The European Monetary System in the 1990s

Paul DE GRAUWE · Lucas Papademos

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

Abstract

Part 1: Institutional developments of the EMS, Niels Thygesen comment - Andre Szasz alternative views on the EMS in the 1990s, Wolfgang Rieke comment - Paul De Grauwe and Loukas Tsoukalis policy problems of a monetary union, Paul Krugman comment - Edmund Phelps the new EMS, Francesco Giavazzi and Luigi Spaventa comment - Luis Beleza asymmetries and realignments in the EMS, Michele Fratianni and Juergen von Hagen comment - Jacques Melitz managing exchange markets in the EMS with free capital, Lorenzo Bini Smaghi and Stefano Micossi comment - Henning Dalgaard seigniorage and EMS discipline, Daniel Gros comment - Luka Katseli exchange rate volitality and international trade. the effect of the EMS, Andre Sapir and Khalid Sekkat comment - Paul De Grauwe. Part 2: Spain in the EMS, Jose Vinals comment - Jorge Braga de Macedo Portugal, the EMS and 1992 - stabilization and liberalization, Francisco Torres comment - Gunter Baer Greece and the EMS - issues, prospects and a framework of analysis, Lucas Papademos comment - Hans-Juergen Vosgerau the United Kingdom and the EMS, Michael Artis comment - Jean-Jacques Rey From the EMS to the EMU - (panel discussion) Niels Thygesen, Gunter Baer, Antonio Costa, Andrew Crockett, Xenophon Zolotas.

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2008Monetary Union Membership in West Africa: A Cluster Analysis 2001Real Impacts of Intra-European Exchange Rate Variability: A Case for EMU?1998The theory of optimum currency areas and the possibility of forming a yen bloc in Asia 2003Reflections on the optimal currency area (OCA) criteria in the light of EMU 1993The Political Economy of Monetary Union in Europe 1994Monetary integration in Africa: A deliberately European perspective 1995A suggested reformulation of the theory of optimal currency areas 1994Real Exchange Rates and the Prices of Nontradable Goods

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