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European Monetary Union

Author

Listed:
  • Michael W. Klein

Abstract

The discussion briefly reviews the events leading up to the adoption of the European Monetary System in March 1979 and the associated Exchange Rate Mechanism. It goes on to describe the Maastricht Treaty and to review the costs and benefits of a common currency. The author also considers the importance of European Monetary Union (EMU) from a U.S. perspective.

Suggested Citation

  • Michael W. Klein, 1998. "European Monetary Union," New England Economic Review, Federal Reserve Bank of Boston, issue Mar, pages 3-12.
    • Handle: RePEc:fip:fedbne:y:1998:i:mar:p:3-12
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    File URL: http://www.bostonfed.org/economic/neer/neer1998/neer298a.htm
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    Citations

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    Cited by:

    1. Alban Mathieu, 2021. "Frankel and Rose’s Introduction to the Endogeneity of Optimality: A Model Limited to the European Monetary Experience," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 2, pages 299-314, July.
    2. Philip Arestis & Kevin McCauley & Malcolm Sawyer, 1999. "From Common Market to Emu: A Historical Perspective of European Economic and Monetary Integration," Economics Working Paper Archive wp_263, Levy Economics Institute.
    3. Lars Jonung & Eoin Drea, 2010. "It Can't Happen, It's a Bad Idea, It Won't Last: U.S. Economists on the EMU and the Euro, 1989–2002," Econ Journal Watch, Econ Journal Watch, vol. 7(1), pages 1-4–52, January.
    4. Corrado Macchiarelli, 2018. "What is the EU-UK relation all about? Tracking the path from monetary integration to “ever closeness”," LEQS – LSE 'Europe in Question' Discussion Paper Series 137, European Institute, LSE.
    5. Yasin YILDIRIM, 2018. "Is The Adoption Of The Euro A Story Of Success Or Failure? An Assessment Under Economic And Political Reflections," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 3(2), pages 107-117.

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