Interpreting the ERM Crisis: Country-Specific and Systemic Issues

The crisis of the European exchange-rate system (ERM) in 1992093 was a critical event in the post- Bretton Woods history of the international monetary system. A full understanding of the causes, origins, and implications of the ERM breakdown can privide policy lessons that are particularly relevant, although by no means confined, to the current debate on the monetary future of Europe.

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Year of publication:	1998
Authors:	Buiter, W.H. ; Corsetti, G.M. ; Pesenti, P.A.
Institutions:	Department of Economics, Princeton University
Subject:	EXCHANGE RATE \| EUROPE \| MONETARY AREAS

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Series:	Princeton Studies in International Economics.
Type of publication:	Book / Working Paper
Notes:	74 pages
Classification:	F31 - Foreign Exchange ; F33 - International Monetary Arrangements and Institutions ; F36 - Financial Aspects of Economic Integration
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005783377