Occasional Papers

The European Monetary System: Recent Developments

Author/Editor:

Owen Evens ; Thomas H. Mayer ; Philip M Young ; Horst Ungerer

Publication Date:

December 15, 1986

Summary:

This study reviews developments in the European Monetary System from the beginning of 1983 to August 1986; it updates and complements an earlier study prepared by staff members of the International Monetary Fund and published Occasional Paper No. 19, which covered the time period from the inception of the European Monetary System to the end of 1982.

Series:

Occasional Paper No. 1986/007

Subject:

Currencies Economic and financial statistics Exchange rate adjustments Exchange rates Financial statistics Foreign exchange Inflation Money Nominal effective exchange rate Prices Real exchange rates