内容

目次

Part 1: An Overview of European Monetary Union and Capital Markets.Monetary union and market integration: Capital and goods market issuespertaining to the launching of the Euro (J.J. Choi, J. Wrase). Part 2:Approaching Monetary Union in Europe: History and Foundations. Historicaloverview of the transition to monetary union in Europe. (K. Phillips, J.Wrase). An retrospective structural break analysis of the French Germaninterest rate differential in the run-up to EMU (J. Henry, P. McAdam).Volatility and misalignments of EMS and other currencies during 1974-1998(M.G. Papaioannou). Part 3: European Monetary Union and Capital Markets. Theimpact of the Euro on primary equity markets (E.K. Gatzonas). Country andindustry effects in Euroland's equity markets (I.J.M. Arnold). Intra-daytransmission of international stock prices (C.S. Eun, J.G. Jeong). Part 4:Monetary and Fiscal Policy Issues in the Monetary Union. Organization andpolicy procedures of the European system of central banks (J. Wrase).Monetary and fiscal policy rules in the European economic and monetary union:A simulation analysis (G. Haber, R. Neck, W.J. Mckibbin). Is there potentialfor monetary union outside Europe? (V. Hooper). Part 5: Trade and MarketPower. Monetary union expansion: The role of market power in trade (M.M.Spiegel). The European monetary union vs. U.S.A, cooperation and competition:An examination of welfare benefits (L.B. Ramrattan, C.D. Tully, M. Szenberg).The Euro exchange rate and consumer prices (S. Ranki).