 | Characteristics of the Euro, the Demand for Reserves, and Policy Coordination Under EMU Author/Editor: Paul R Masson, Bart Turtelboom. Release Date:May, 1997 The success of European Economic and Monetary Union (EMU) will depend on the stability of the euro. The monetary policy framework is yet to be decided, but is likely to involve either money or more...
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| Real Interest Rates, Real Exchange Rates, and Net Foreign Assets in the Adjustment Process Author/Editor: Thomas Helbling, Bart Turtelboom. Release Date:December, 1995 This paper analyzes the recent behavior of real exchange rates, the trade balance and the net foreign asset position of the United States in an intertemporal optimizing model of the world economy more...
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| Consumption Smoothing and Exchange Rate Volatility Author/Editor: Bart Turtelboom. Release Date:November, 1995 This paper analyzes exchange rate behavior in a model where consumers trade goods to diversify shocks to their income. A model with traded and nontraded goods is simulated in a multilateral context more...
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| Interest Rate Liberalization : Some Lessons From Africa Author/Editor: Bart Turtelboom. Release Date:December, 1991 This paper undertakes a survey of theoretical considerations and an analysis of the experience of five African countries with interest rate liberalization. Despite substantial progress in monetary more...
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