Description: Considers effects on capital and goods markets of monetary union in general and European Monetary Union (EMU) in particular. This volume addresses the effects of monetary union, which fall into three categories - adjustments in goods and labor markets, adjustments in money and capital markets, and institutional adjustments.
Review Quotes: ...Twelve papers explore the effects of the European Monetary Union (EMU) on capital markets, address monetary and policy issues associated with the EMU, and consider microeconomic effects of monetary union on trade, pricing, and resource flows.
Journal of Economic Literature, 2002