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Volume 13 | Issue 26 | April 1998

 

Stability without a pact? Lessons from the European gold standard, 1880–1914
Marc Flandreau, Jacques Le Cacheux, Frédéric Zumer
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Immediate challenges for the European Central Bank
Rudi Dornbusch, Carlo Favero, Francesco Giavazzi
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Does EMU need a fiscal federation?
Antonio Fatás
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Regional non-adjustment and fiscal policy
Maurice Obstfeld, Giovanni Peri
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Blessing or curse? Foreign and underground demand for euro notes
Kenneth Rogoff
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The emergence of the euro as an international currency
Hélène Rey
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The Stability Pact: more than a minor nuisance?
Barry Eichengreen, Charles Wyplosz
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Editors' introduction

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