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DOES A LESS ACTIVE CENTRAL BANK LEAD TO GREATER ECONOMIC STABILITY? EVIDENCE FROM THE EUROPEAN MONETARY UNION
CENTRAL BANK GREATER ECONOMIC STABILITY EUROPEAN MONETARY UNION
2008/11/6
On January 1, 1999, 11 European countries gave up the independence
of their monetary policy by joining the European Monetary
Union (EMU). Since that time, these countries have shared a common
curre...