Journal Article
Lessons from the European Monetary System
Abstract: A description of the exchange-rate mechanism of the European Monetary System and a discussion of some problems with the mechanism that apply to the operation of any target-zone system for maintaining exchange rates.
Keywords: European Monetary System (Organization); Foreign exchange rates;
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Commentary
Publication Date: 1987
Issue: Aug
Order Number: 2