A European Central Bank?: Perspectives on Monetary Unification after Ten Years of the EMS

Marcello De Cecco, Alberto Giovannini

ISBN 10: 0521376238 / ISBN 13: 9780521376235

Published by Cambridge University Press 2010-08-02, 2010

About this Item

Seller Inventory # 6666-IUK-9780521376235

Bibliographic Details

• Title: A European Central Bank?: Perspectives on Monetary Unification after Ten Years of the EMS
• Publisher: Cambridge University Press 2010-08-02
• Publication Date: 2010
• Language: English
• ISBN 10: 0521376238
• ISBN 13: 9780521376235
• Binding: Paperback
• Condition: New

About this title

Synopsis

Based on a conference held by the Italian Macroeconomic Policy Group and the Centre for Economic Policy Research, this study examines the issues raised by European monetary unification. An introduction describes recent developments and identifies the motivations for creating a European central bank. Theoretical papers analyze the interactions of capital controls, financial intermediation, and seigniorage in open economies, the optimal design of centralized banks of issue by sovereign countries, and some new aspects of the "optimal currency area" question. The volume concludes with a panel discussion on the feasibility of European monetary unification, featuring leading academics and central bankers.

Book Description

Based on a conference held by the Italian Macroeconomic Policy Group and the Centre for Economic Policy Research, this study examines the issues raised by European monetary unification.