Taylor, Christopher T. (contributor) - 2002 - [Elektronische Ressource]
, exchange-rate stability with the euro area is now the only
major economic benefit at stake for the UK in relation to EMU. 4 It … comparable affinities, but in its case
they have been eroded by the long process of monetary integration in Europe, which
has …. He is
grateful to the Bank for providing online the long runs of exchange and interest rate data used in this
paper …