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The theoretical and empirical analysis of this book proposes an innovative perspective on the issue of improving monetary integration, written from the privileged viewpoint of central bank experience. The empirical findings presented here support the case for the adoption of a scheme of monetary co-ordination which relies on the control of area-wide money supply, and which would employ a mutually beneficial solution to the problem of symmetry.
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European integration, monetary co-ordination, and the demand for money
1996, Clarendon Press, Oxford University Press
in English
019829011X 9780198290117
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Includes bibliographical references (p. [190]-211) and index.
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