文章基本信息

标题：Was there Monetary Autonomy in Europe on the eve of EMU? The German Dominance Hypothesis Re-Examined
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作者：Bajo-Rubio, Oscar ; Montavez-Garces, M. Dolores
期刊名称：Journal of Agribusiness
印刷版ISSN：0738-8950
出版年度：2002
页码：185-207
出版社：Journal of Agribusiness
摘要：In this paper we re-examine the German dominance hypothesis, as a way to assess whether the loss of monetary autonomy in Europe associated with EMU had been significant. We use Granger-causality tests between the interest rates of Germany and all the countries participating in the European Monetary System, with the sample period running until December 1998. Our results would support a weak version of the hypothesis, with Germany playing a certain "leadership" or special role in the EMS, although she would not have been strictly the "dominant" player.
关键词：European monetary union;German dominance hypothesis;Granger-causality