|
|||||
|
|
Why Britain Needs a Monetary Anchor |
|
| Authors: | Peter Warburton |
| Institution: | Peter J. Warburton is an economist with Shearson Lehman Hutton. He was formerly a macro-economic forecaster at the London Business School and a lecturer in quantitative methods at City University Business School. He has written numerous articles for economic journals and contributed to several books, including Work, Welfare and Taxation;and Modelling the UK Labour Market (forthcoming). |
| Abstract: | Does sterling's link with the deutschmark provide a substitute for monetary control? Peter Warburton of Shearson Lehman reverses the usual argument and claims that exchange rate stability with the deutschmark depends on adequate control of monetary growth. |
| Keywords: | |