Mooslechner, Peter - In: WIFO Monatsberichte (monthly reports) 62 (1989) 11, pp. 652-658
The European Monetary System (EMS) was founded 10 years ago. Austrian monetary policy has traditionally pursued goals very similar to those of the EMS. In line with the hard-currency option, the effective exchange rate of the Schilling has gained in nominal as well as in real terms. The value of...