Abstract
The reduction and convergence of inflation rates experienced by the members of the European Monetary System was a feature of the 1980s. This is shown in Figure 6.1 which displays (annualized) monthly inflation rates for Belgium, Denmark, France, Germany, Italy, and the Netherlands, for the period from March,1979 to December 1992.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Editor information
Rights and permissions
Copyright information
© 1996 Springer-Verlag Berlin · Heidelberg
About this chapter
Cite this chapter
von Hagen, J., Loureiro, J. (1996). The discipline hypothesis: What role for the EMS?. In: von Hagen, J. (eds) Monetary Policy in the European Monetary System. European and Transatlantic Studies. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-80100-6_6
Download citation
DOI: https://doi.org/10.1007/978-3-642-80100-6_6
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-80102-0
Online ISBN: 978-3-642-80100-6
eBook Packages: Springer Book Archive