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anchor argued assets assumed assumption basket Bundesbank capital capital accumulation chapter Cipolla Commission commodity money Community competition confidence externalities convergence convergence criteria countries criteria debt deficits demand determined economic effects efficiency equation equilibrium ESCB established European expectations fiscal policy fixed exchange rates function fund global globalisation growth Hence income increase independence inflation rate instability instruments interdependence interest rate internalised investment Keynes Keynes's liquidity Member monetary disturbance monetary institutions monetary policy monetary system monetary theory monetary unit money externalities money process money supply national central banks numeraire official ECU parallel currency payments Portugal price level externalities price stability private ECU production rate of interest reserves role savings sector seigniorage seigniorage externalities single currency stage of EMU store of value structure systemic risk tatonnement theoretical theory of money third stage trade transaction costs Walras Walras's paper money
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Higher Education Wiener Neustadt
Wei Ming Hu - 1994 - integration