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Foreign exchange:

1994

Title: The Credibility of the United Kingdom's Commitment to the Erm: Intentions Versus Actions

Author: Masson, R Paul

Series: Working Paper No. 1994/147

Date: December 1, 1994

Notes: Presents estimates of a model of the credibility of the U.K. commitment to its central parity against the deutsche mark during the period of U.K. ERM membership (1990-92).

Subject: Employment Exchange rates Foreign exchange Inflation Labor Prices Unemployment

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