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Author Laxton, Douglas.

Title Possible effects of European Monetary Union on Switzerland : a case study of policy dilemmas caused by low inflation and the nominal interest rate floor / prepared by Douglas Laxton and Eswar Prasad
Published [Washington, D.C.] : International Monetary Fund, Research Dept., [1997]
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Description 1 online resource (33 pages) : illustrations
Series IMF working paper ; WP/97/23
IMF working paper ; WP/97/23
Summary As the target date for the third stage of European Monetary Union (EMU) approaches, the effects of EMU are likely to be felt not just on the likely participants but also on countries that, although in some cases not even part of the European Union, have substantial trade and other economic relationships with EMU participants. This paper presents a case study of the possible macroeconomic effects of EMU on one such country, Switzerland. Although the analytical framework developed in this paper could, in principle, be applied more broadly to countries in Europe that will not participate in EMU, this focus on the Swiss economy is particularly interesting from an analytical perspective for a number of reasons that are discussed below
Bibliography Includes bibliographical references (page 33)
Notes Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. MiAaHDL
digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL
Print version record
Subject Foreign exchange rates -- Switzerland.
Inflation (Finance) -- Switzerland.
Interest rates -- Switzerland.
Investments, Foreign -- Switzerland.
Monetary policy -- Switzerland.
Monetary unions -- Europe.
Form Electronic book
Author Prasad, Eswar.
International Monetary Fund. Research Department.
ISBN 1281604828