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Housing, credit and the euro: the policy response
Author(s) -
Muellbauer John
Publication year - 2003
Publication title -
economic outlook
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.1
H-Index - 8
eISSN - 1468-0319
pISSN - 0140-489X
DOI - 10.1111/1468-0319.00382
Subject(s) - treasury , economics , economic policy , macroeconomics , monetary economics , public economics , finance , political science , law
HM Treasury produced its long‐awaited assessment of the five economic tests in June, having signalled the basic decision months in advance. The Treasury sees important impediments to adopting the Euro in UK housing and credit markets, and makes some proposals for further investigation and policy. In this paper, John Muellbauer considers the policy options.