European economic and monetary union, monetary policy, fiscal policy, counterfactual simulations

Publication date: 30 Nov 2000 | Publication type: Report | Authors: Holland, D, Barrell, R, Hurst, I
This paper studies the expected impact of EMU membership on the non-EMU states in Northern Europe, and the economic interdependency of these states. It is often argued that once one of the non-EMU states joins EMU, pressure will increase upon the remaining ones to follow. This study considers the...