EMU, Financial Markets and the World Economy

Contributors. Preface. 1. EMU, Financial Markets and the World Economy: An Overview; T. Moser, B. Schips. Part I: EMU and the International Monetary System. 2. How Does EMU Affect the Dollar and the Yen as International Reserve and Investment Currencies? M. Frenkel, J. Søndergaard. 3. May the Euro Increase Exchange Rate Volatility? J. Creel and H. Sterdyniak. 4. EMU and Transatlantic Exchange Rate Stability; A. Bénassy-Quéré and B. Mojon. 5. A Game Theoretical Approach to Monetary Policy: What Strategy for the ECB? A. Fourçans, T. Warin. Part II: EMU and European Capital Markets. 6. The Impact of Diversification Opportunities in European Capital Markets; G. Santry, S. Stevenson. 7. Bank Portfolios in Euroland; C.M. Buch, S. Lapp. 8. Financial Markets and the Euro; V.A. Canto, R.I. Webb. Part III: EMU and Macroeconomic Policy. 9. Symmetry or Asymmetry in European Dollar Policies? Evidence from the Core Countries; L. Cavallari, G. De Arcangelis. 10. Monetary Integration and the Value of Waiting; F. Strobel. 11. International Spillovers of Macroeconomic Shocks: A Quantitative Exploration; D. Laxton, E.S. Prasad. 12. Fiscal Policy under EMU: An Overview; B. van Aarle. Part IV: EMU and Countries Outside the Euro Area. 13. Business Cycles in Switzerland: An Empirical Analysis of the German and the U.S. Effects; Y.-W. Cheung, F. Westermann. 14. Getting Fit for the EU: A Currency Board for Poland; A. Freytag. 15.Eastern Europe and the Euro Area; A. Rusek. 16. Will the Euro Hurt Industrializatikon of Europe's Southern Trading Partners? Evidence from Industrial Panel Data; J.-F. Ruhashyankiko. 17. EMU, Euro and EU-Membership: An Evaluation from the Turkish Macroeconomic Perspective; A. Kibritço lu. Index.