Journal Article

Monetary policy under EMU

C Bean

in Oxford Review of Economic Policy

Published on behalf of The Oxford Review of Economic Policy Ltd

Volume 14, issue 3, pages 41-53
Published in print September 1998 | ISSN: 0266-903X
Published online September 1998 | e-ISSN: 1460-2121 | DOI: http://dx.doi.org/10.1093/oxrep/14.3.41
Monetary policy under EMU

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This paper considers a number of issues connected with the implementation of monetary policy in the Euro zone. These include: the techniques of monetary control; whether to adopt an explicit inflation target and, if so, for what index; the politics of decision-making within the Governing Council of the European System of Central Banks; the likelihood of there being conflicts of interest between the member countries of the Euro zone; the interaction of monetary and fiscal policy; and the role of the ESCB in maintaining financial stability.

Journal Article.  0 words. 

Subjects: Economic Development and Growth ; Public Economics ; Political Economy ; Public Policy

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