Titlebook: European Monetary Union; Progress and Prospec M. T. Sumner,G. Zis Book 1982 Palgrave Macmillan, a division of Macmillan Publishers Limited

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The Filmic Structure as Visualisation,stem for the central banks’ (Commission of the European Communities, 1970, pp. 12–13). Jenkins (1978a) did not go quite as far as this, but in his Florence speech he said that monetary union ‘would imply a major new authority to manage the exchange rate, external reserves and the main lines of inter

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On the Relative Bias of Flexible Exchange Rates, flexible relative to fixed exchange rates. In our discussion of the inflationary bias of alternative exchange rate regimes we shall consider, in contrast to other studies that have addressed this question, the impact of exchange-rate flexibility not only on policy-makers’ preferences but also on th

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