IDEAS home Printed from https://ideas.repec.org/a/kap/iaecre/v8y2002i4p287-29510.1007-bf02295503.html
   My bibliography  Save this article

Prices and interest rate behavior in the European Monetary Union: The first 18 months

Author

Listed:
  • Agustin Alonso-Rodriguez

Abstract

New ideas on the role of central banks have been exposed in recent years. This paper studies the evolution of the consumer price index and the treasury bill rate in the 11 countries of the European Union that have adopted the euro to see if it could be considered to be consistent with a unified economic policy, as directed by the European Central Bank. This evolution is analyzed during the first year and a half of the existence of the euro. Copyright International Atlantic Economic Society 2002

Suggested Citation

  • Agustin Alonso-Rodriguez, 2002. "Prices and interest rate behavior in the European Monetary Union: The first 18 months," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 8(4), pages 287-295, November.
    • Handle: RePEc:kap:iaecre:v:8:y:2002:i:4:p:287-295:10.1007/bf02295503
    DOI: 10.1007/BF02295503
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/BF02295503
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/BF02295503?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. repec:bla:jecsur:v:14:y:2000:i:5:p:527-61 is not listed on IDEAS
    2. repec:bla:jecsur:v:14:y:2000:i:5:p:563-95 is not listed on IDEAS
    3. Gustavo Piga, 2000. "Dependent and Accountable: Evidence from the Modern Theory of Central Banking," Journal of Economic Surveys, Wiley Blackwell, vol. 14(5), pages 563-595, December.
    4. Manfred Gärtner, 2000. "Political Macroeconomics: A Survey of Recent Developments," Journal of Economic Surveys, Wiley Blackwell, vol. 14(5), pages 527-561, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Christoph Moser & Axel Dreher, 2010. "Do Markets Care about Central Bank Governor Changes? Evidence from Emerging Markets," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(8), pages 1589-1612, December.
    2. Corinne Aaron-Cureau & Hubert Kempf, 2006. "Bargaining over monetary policy in a monetary union and the case for appointing an independent central banker," Oxford Economic Papers, Oxford University Press, vol. 58(1), pages 1-27, January.
    3. Caleiro, António & Guerreiro, Gertrudes, 2003. "Understanding the Election Results in Portugal. A spatial econometrics point of view," EconStor Preprints 142695, ZBW - Leibniz Information Centre for Economics.
    4. Gustavo Piga, 2005. "On The Sources Of The Inflation Bias And Output Variability," Scottish Journal of Political Economy, Scottish Economic Society, vol. 52(4), pages 607-622, September.
    5. Goeminne Stijn & Smolders Carine, 2010. "Strategic Use of Debt in Flemish Municipalities," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 10(1), pages 1-31, July.
    6. Goyal, Ashima, 2002. "Coordinating monetary and fiscal policies: a role for rules?," MPRA Paper 29200, University Library of Munich, Germany.
    7. Manfred Gärtner, 2008. "The Political Economy of Monetary Policy Conduct and Central Bank Design," Springer Books, in: Readings in Public Choice and Constitutional Political Economy, chapter 24, pages 423-446, Springer.
    8. Gernot Sieg & Irem Batool, 2012. "Pakistan, Politics and Political Business Cycles," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 51(2), pages 153-166.
    9. Gertrudes Saúde Guerreiro & António Caleiro, 2003. "Explaining the Election Results in Portugal: A Spatial Econometrics Point of View," ERSA conference papers ersa03p523, European Regional Science Association.
    10. Lilia Cavallari, 2001. "Macroeconomic Performance and Wage Bargaining in a Monetary Union," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 28(4), pages 419-433, December.
    11. António Caleiro, 2005. "How to Classify a Government? Can a Neural Network do it?," Economics Working Papers 9_2005, University of Évora, Department of Economics (Portugal).
    12. Salomón Kalmanovitz, 2002. "Debates nacionales," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 4(7), pages 262-266, July-Dece.
    13. Noemi Levy Orlik, 2012. "The Effect of Interest Rates in Developing Countries: Can Central Bank Monetary Policy Instruments Modify Economic Growth?," Chapters, in: Claude Gnos & Louis-Philippe Rochon & Domenica Tropeano (ed.), Employment, Growth and Development, chapter 12, Edward Elgar Publishing.
    14. Vincenzo Cuciniello, 2007. "Optimal monetary policy under a floating regime with non-atomistic wage setters," IHEID Working Papers 12-2007, Economics Section, The Graduate Institute of International Studies.
    15. Manfred Gärtner, 2002. "Monetary policy and central bank behaviour," University of St. Gallen Department of Economics working paper series 2002 2002-24, Department of Economics, University of St. Gallen.
    16. Gebhard Kirchgassner, 2002. "The effects of fiscal institutions on public finance: a survey of the empirical evidence," Chapters, in: Stanley L. Winer & Hirofumi Shibata (ed.), Political Economy and Public Finance, chapter 9, Edward Elgar Publishing.
    17. Leonardo Becchetti & Iftekhar Hasan & George Mavrotas, 2005. "Education, Financial Institutions, Inflation and Growth," WIDER Working Paper Series RP2005-72, World Institute for Development Economic Research (UNU-WIDER).
    18. Anton Muscatelli & Carmine Trecroci, 2000. "Monetary Policy Rules, Policy Preferences, and Uncertainty: Recent Empirical Evidence," Journal of Economic Surveys, Wiley Blackwell, vol. 14(5), pages 597-627, December.
    19. Caleiro, António, 2009. "How upside down are political business cycles when there is output persistence," Research in Economics, Elsevier, vol. 63(1), pages 22-26, March.
    20. Cuciniello, Vincenzo, 2007. "Strategic monetary policy in a monetary union with non-atomistic wage setters," MPRA Paper 3789, University Library of Munich, Germany, revised Jun 2007.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:iaecre:v:8:y:2002:i:4:p:287-295:10.1007/bf02295503. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.