"Cambio - Tasso - Europa." . . "Europäische Union : Mitgliedsstaaten." . . "Inflation Europe." . . "Wages - effect of inflation on - Europe." . . "Wages - effect of inflation on - Europe" . "Lohn-Preis-Spirale." . . "Salaires Europe." . . "EU-landen." . . "Salaires." . . "Internationale financiën." . . "UE/CE Union européenne." . . "Lohn." . . "Cambio exterior Europa." . . "Inflation." . . "Union économique et monétaire." . . "Inflatie." . . . . "Einkommen." . . "Salarissen." . . "SME = Système monétaire européen." . . "Salarii Europa." . . "Wisselkoersen." . . "EMU." . . "Salaires Effets de l'inflation Europe." . . "Taux de change Europe." . . "Analyse comparative." . . "UE/CE Etats membres." . . "Analyse économique." . . . . . . . . . . "The Maastricht Treaty makes the convergence of inflation rates one of the preconditions of European Monetary Union (EMU). The purpose of this study is to shed light on the mechanism underlying the processes that lead to convergence or divergence in national inflation rates. It examines inflation and wage behaviour in the European Monetary System (EMS), their determinants, and their implications for the credibility and sustainability of the system's exchange rate mechanism (ERM). Although the focus is on the EMS period, eleven of the twelve studies also review the background of the 1970s. The contributors examine issues of monetary control, stability of national and ERM-wide money-demand functions, the monetary policy of Germany - the pivotal country in the EMS - and its influence on the stability of the system after the fall of the Berlin Wall." . . . . . . . . . "Aufsatzsammlung" . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . "Inflation and wage behaviour in Europe" . . . "Inflation and wage behaviour in Europe"@en . . "Foreign exchange rates - Europe." . . "Foreign exchange rates - Europe" . "Taux de change." . . "Aufsatzsammlung." . . "Unions économiques et monétaires." . . "Europäische Union." . . "Wechselkurs." . . "Inflaţie Europa." . . "Europäisches Währungssystem." . . "Mitgliedsstaaten." . . "Inflazione - Effetti sui salari - Europa." . . "Tipo de cambio Europa." . . "Währungsunion." . .