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Financial
and Monetary Integration in Europe
CEPR held a workshop on `Financial and Monetary Integration in
Europe' at DELTA, Paris, on 8 April 1990. The workshop was organized by
Marcus Miller, Co-Director of CEPR's International Macroeconomics
programme, and financial support was provided by a grant from the
Commission of the European Communities under the SPES programme.
Additional funding for the workshop was provided by the Ford and Alfred
P Sloan Foundations. The following papers were presented at the
workshop:
`On State-Contingent and Time-Dependent Conditions for Joining: The Gold
Standard and the EMS', Marcus Miller (University of Warwick and
CEPR)
`Seigniorage in the United States', by Martin Klein (Universität
Bonn) and Manfred Neumann (Universität Bonn)
`Alternative Exchange Rate Regimes: The Role of the Exchange Rate and
the Implications for Wage-Price Adjustment', by David Begg (Birkbeck
College, London, and CEPR)
`The Politics of 1992: Fiscal Policy and European Integration', by Torsten
Persson (Institute for International Economic Studies, Stockholm,
and CEPR) and Guido Tabellini (University of California, Los
Angeles, and CEPR)
`Financial Intermediation and the Monetary Transmission Mechanism the
Mundell-Fleming Model Revisited', by Vittorio Grilli (Yale
University and CEPR) and Nouriel Roubini (Yale University and
CEPR)
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