Creel, Jérôme; Sterdyniak, Henri - Sciences économiques, Sciences Po - 1998
of the Euro after inflationary shocks if the ECB and European governments do not share the same inflation target. The …This paper deals with Euro introduction and ask whether it is likely to increase the exchange rates volatility on a … results are ambiguous in the specific case of the Euro. An increase in volatility would only occur after demand and external …