Ravenna, Federico (contributor) - 2005
Correspondence: Department of Economics, University of California, Santa Cruz, CA 95064, USA; e-mail: fravenna@ucsc.edu
THE EUROPEAN … business cycle movements in the aggregate economy,
and the value of the currency against foreign monetary means of payment. By … respond to business cycle shocks in a way appropriate for the domestic
economy, and irrevocably fixes the value of its unit …