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.
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© 1996 Springer-Verlag Berlin · Heidelberg
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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
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DOI: https://doi.org/10.1007/978-3-642-80100-6_6
Publisher Name: Springer, Berlin, Heidelberg
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