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Original Articles

The US and the European Montary System (EMS): a stylised asymmetrical two-country model

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Pages 13-20 | Published online: 28 Jul 2006

References

  • Al-Nowaihi, A., Gains, J. and Levine, P. (1984) The PR1SM computer package for simulation of continuous and discrete time stochastic rational expectations: a user's guide, Queen Mary College, Programme for Research into Small Models.
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  • Artis, M. J. and Gazioglu, S. (1990) Modelling asymmetric exchange rate unions: a stylised model of the EMS, Greek Economic Review, 11, 177-202, reprinted in A.S. Courakis and M.P. Taylor (eds.) Private Behaviour and Government Policy in Interdependent Economies, Oxford University Press, Oxford.
  • Canzoneri , M. 1982 . Exchange intervention policy in a multiple currency world . Journal of International Economics , 13 : 267 – 289 .
  • Giavazzi , F. and Giovannini , A. 1989 . Monetary policy interactions under managed exchange rates . Economica , 56 : 199 – 213 .
  • Masson , P. , Blundell-Wignall , A. and Richardson , P. 1984 . Domestic and international effects of government spending under rational expectations . Economic Studies , : 178 – 190 . Autumn

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