GROENEVELD, J.M.; KOEDIJK, K.G.; KOOL, C.J.M. - In: BNL Quarterly Review 50 (1997) 203, pp. 481-504
The third stage of the Economic and Monetary Union will start on January 1st, 1999, at which point the currencies of the participating countries will be irrevocably fixed as the prelude to the introduction of the euro by 2002. Although the European System of Central Banks’ objective is...
