Exchange-Rate Regimes and Currency Unions: Proceedings of a conference held by the Confederation of

Notes on the Contributors - Introduction; P.Maillet - PART 1 EUROPEAN MONETARY SYSTEM AND MONETARY INTEGRATION - The Entry of Southern Countries into the European Monetary System; P.Artus & C.Dupuy - Perfect Capital Mobility and the Italian Economy; G.Gandolfo & P.C.Padoan - Discussion; J.S.Flemming - Floating Exchange Rates and Capital Mobility; E.Aurikko - Discussion; J.Siebke - Monetary Integration of Eastern Europe into the World Economy; C.Buchheim - Discussion; P.Maillet - PART 2 FLEXIBLE EXCHANGE RATES AND CENTRAL BANK POLICY - Nonsterilized Intervention and the Floating Exchange Rate; S.Djajic - Discussion; A.M.M.Kolodziejak - On the Effectiveness of Daily Intervention by the Deutsche Bundesbank and the Federal Reserve System in the U.S. Dollar-Deutsche Mark Exchange Market; S.C.W.Eijffinger & N.Gruijters - Discussion; G.Winckler - The Credibility of Central Banks in Controlling Inflation and the Effect on Exchange Rate Volatility, Theory and Evidence; O.Davanne & V.Vijayraghavan - Discussion; E.Baltensperger - PART 3 EUROPEAN MONETARY UNION - Economic and Monetary Union (EMU) in Europe; C.A.E.Goodhart - Discussion; E.Streissler - Good Money Driving Out Bad; E.Streissler - Discussion; C.Dupuy - A European Central Bank: The Issue of Independence; R.Caesar - Discussion; H-J.Dudler - Economic Policy and European Integration; A.Knoester, A.M.M.Kolodziejak & G.Muijzers - Discussion; H-W.Sinn - Index