Döpke, Jörg; Gern, Klaus-Jürgen; Langfeldt, Enno; … - Institut für Weltwirtschaft (IfW) - 1998
Stage Three of the European Monetary Union (EMU) will start on January 1, 1999. The new currency area, for which the … be expected for EMU. A single monetary policy for Euroland will not affect regions uniformly, given the substantial … sustainable in the long term. A rough calculation suggests that at present only a few of the prospective EMU countries have a …