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What Do Current Account Reversals in OECD Countries Tell Us About the US Case?

✍ Scribed by Leo De Haan; Hubert Schokker; Anastassia Tcherneva

Book ID
111025399
Publisher
John Wiley and Sons
Year
2008
Tongue
English
Weight
587 KB
Volume
31
Category
Article
ISSN
0378-5920

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## Abstract This paper provides an empirical assessment about how the monetary policy has been made in a group of Sub‐Saharan African countries that are members of the CFA Franc zone. We question the argument that being a member of the CFA zone has always implied the loss of monetary policy autonom