English, Article edition: ACCESSION TO THE MONETARY UNION AND SLOVENIAN MONETARY POLICY UNDER EXCHANGE RATE TARGETING Peter Mikek

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Bookmark: http://trove.nla.gov.au/version/197558
Physical Description
  • article
Language
  • English

Edition details

Title
  • ACCESSION TO THE MONETARY UNION AND SLOVENIAN MONETARY POLICY UNDER EXCHANGE RATE TARGETING
Author
  • Peter Mikek
Physical Description
  • article
Notes
  • inflation targeting, price level, fiscal regime, monetary union, monetary policy reaction function, monetary feedback, exchange rate targeting
  • After joining the EU in 2004, Slovenia and other new members will have to adopt the euro. Their accession to the European Monetary Union will require stabilizing and later fixing their exchange rates and thus restrictive monetary policy. The paper shows that successful stabilization of the exchange rate also requires restrictive fiscal policy. Fiscal policy that is not compatible with the goals of monetary policy would prevent stabilization of the exchange rate.
  • price level, monetary union, monetary policy reaction function, monetary feedback, inflation targeting, fiscal regime, exchange rate targeting
  • RePEc:prg:jnlpep:v:2004:y:2004:i:2:id:238:p:176-186
Language
  • English
Contributed by
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