Reade, J. James; Volz, Ulrich - In: Economic Modelling 28 (2011) 1-2, pp. 239-250
of monetary independence. Instead, they actually gained monetary policy influence by getting a seat in the ECB …In this paper, the monetary policy independence of European nations in the years before European Economic and Monetary … nation to lose monetary policy independence in the light of monetary union was Germany. Our results have important policy …