というNBER論文をアイケングリーンらが上げている。原題は「Imported or Home Grown? The 1992-3 EMS Crisis」で、著者はBarry Eichengreen(UCバークレー)とAlain Naef(フランス銀行)。 以下はフランス銀行のHP上のungated版の一般向け要旨。 The 1992-3 crisis in the European Monetary System was a decisive event in Europe’s monetary history. It underscored the fragility of pegged exchange rates between national currencies and, in so doing, reinforced the commitment of members of
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