Reade, J. James; Volz, Ulrich - In: Economic Modelling 28 (2011) 1-2, pp. 239-250
In this paper, the monetary policy independence of European nations in the years before European Economic and Monetary Union (EMU) is investigated using cointegration techniques. Daily data is used to assess pairwise relationships between individual EMU nations and 'lead' nation Germany, to...