Description
Notes on the Contributors – Introduction; P.Maillet – PART 1 EUROPEAN MONETARY SYSTEM AND MONETARY INTEGRATION – The Entry of Southern Countries into the European Monetary System; P.Artus & C.Dupuy – Perfect Capital Mobility and the Italian Economy; G.Gandolfo & P.C.Padoan – Discussion; J.S.Flemming – Floating Exchange Rates and Capital Mobility; E.Aurikko – Discussion; J.Siebke – Monetary Integration of Eastern Europe into the World Economy; C.Buchheim – Discussion; P.Maillet – PART 2 FLEXIBLE EXCHANGE RATES AND CENTRAL BANK POLICY – Nonsterilized Intervention and the Floating Exchange Rate; S.Djajic – Discussion; A.M.M.Kolodziejak – On the Effectiveness of Daily Intervention by the Deutsche Bundesbank and the Federal Reserve System in the U.S. Dollar-Deutsche Mark Exchange Market; S.C.W.Eijffinger & N.Gruijters – Discussion; G.Winckler – The Credibility of Central Banks in Controlling Inflation and the Effect on Exchange Rate Volatility, Theory and Evidence; O.Davanne & V.Vijayraghavan – Discussion; E.Baltensperger – PART 3 EUROPEAN MONETARY UNION – Economic and Monetary Union (EMU) in Europe; C.A.E.Goodhart – Discussion; E.Streissler – Good Money Driving Out Bad; E.Streissler – Discussion; C.Dupuy – A European Central Bank: The Issue of Independence; R.Caesar – Discussion; H-J.Dudler – Economic Policy and European Integration; A.Knoester, A.M.M.Kolodziejak & G.Muijzers – Discussion; H-W.Sinn – Index