Economics, Econometrics and Finance
8 years ago

Monetary union: Adjust policies or central institution? Economists weigh in.

Palgrave Macmillan UK eBooks
Comments on ‘Tracks Towards a Common Monetary Policy in Europe’ by Norbert Kloten
Manfred Borchert

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The article discusses two ways to create a common monetary policy in Europe: adjusting each country's policies or creating a central institution. The main focus is on the exchange rate, monetary policy, and the European Central Bank.