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Structural adjustment in the UK and Europe under the ERM
Author(s) -
Meen Geoffrey P.
Publication year - 1992
Publication title -
journal of forecasting
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.543
H-Index - 59
eISSN - 1099-131X
pISSN - 0277-6693
DOI - 10.1002/for.3980110504
Subject(s) - rest (music) , context (archaeology) , process (computing) , ask price , economics , econometrics , computer science , economy , geography , medicine , archaeology , cardiology , operating system
The paper has three main objectives; first, to explore in more detail the properties of the OEF world model; second, to examine within the context of that model the process of structural adjustment in Europe since the establishment of the ERM and, third, to ask whether there are differences between the UK and the rest of Europe that might make the adjustment process to ERM membership difficult for the former. Differences in the housing market are highlighted.