Better off without the euro? Evaluating monetary policy and macroeconomic performance for the u.k. and sweden
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Autor: | |
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Médium: | artículo original |
Stav: | Versión publicada |
Datum vydání: | 2016 |
Popis: | I compare macroeconomic performance, measured by the volatility of real GDP and inflation, for two of the countries that opted not to enter the EMU: the United Kingdom and Sweden. In particular, I am interested in finding out how much of the macroeconomic performance changes experienced by the U.K. and Sweden after 1999 is due to increased efficiency in the conduct of independent monetary policy. Eventually, the objective is to analyze whether or not further changes in macroeconomic volatility could have been attained if these two countries would have instead adopted the Euro starting January 1999. |
Země: | Portal de Revistas UCR |
Instituce: | Universidad de Costa Rica |
Repositorio: | Portal de Revistas UCR |
Jazyk: | Inglés |
OAI Identifier: | oai:portal.ucr.ac.cr:article/27330 |
On-line přístup: | https://revistas.ucr.ac.cr/index.php/economicas/article/view/27330 |
Klíčové slovo: | EURO AREA MONETARY POLICY INFLATION AND OUTPUT VOLATILITY EUROZONA POLÍTICA MONETARIA VOLATILIDAD DE LA INFLACIÓN Y DEL PRODUCTO |