Results 21 to 30 of about 61,587 (303)
IMPLEMENTATION OF OPTIMUM CURRENCY AREA CRITERIA AND ITS VOLATILITY: CASE STUDY ASEAN-5+3
Buletin Ekonomi Moneter dan Perbankan, 2010 This paper is aiming to elaborate the case of how exchange rate volatility (ERV), which is supposedly considered to form optimum currency area (OCA), can be reduced in order justify the feasibility of the OCA idea within ASEAN5 plus three. Interestingly,
Dimas Bagus Wiranata Kusuma +1 more
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The euro area ten years after its creation: (Divergent) competitiveness and the optimum currency area theory [PDF]
Panoeconomicus, 2011 As the euro is on its second decade, the European sovereign debt crisis and the ever more evident disparities in competitiveness among member states are prompting many to question whether monetary union is bringing more benefits than costs.
Rebelo João Barbosa, Alves Henrique Rui
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Optimum currency areas: EU case [PDF]
Megatrend revija, 2014 The interest for optimum currency area theory (OCA), comes from the experience of European monetary union (EMU), development of academic thought, progress in economic theory and econometrics in sense of revaluation of national monetary and fiscal policies and endogenousity of OCA criteria.
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Buletin Ekonomi Moneter dan Perbankan, 2013 The idea for regional monetary integration is grounded by the process of convergence theory within the member states. The paper analyses the possibility of monetary union in ASEAN-5 countries, Indonesia, Malaysia, Philippines, Thailand, and Singapore. In
Dimas Bagus Wiranata Kusuma +3 more
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Euros(c)eptic – The Theory of the Optimum Currency Area and the Practice of the Euro [PDF]
Romanian Journal of European Affairs, 2012 The article examines whether the euro crisis can be entirely attributed to factors such as regulatory failure or fiscal indiscipline, as opposed to the mechanisms built into the euro itself. It concludes that the euro contains a built-in bias that would
Annamária Artner, Péter Róna
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PENERAPAN KRITERIA OPTIMUM CURRENCY AREA DAN VOLATILITASNYA: STUDI KASUS ASEAN-5 +3
Buletin Ekonomi Moneter dan Perbankan, 2010 This paper is aiming to elaborate the case of how exchange rate volatility (ERV), which is supposedly considered to form optimum currency area (OCA), can be reduced in order justify the feasibility of the OCA idea within ASEAN5 plus three. Interestingly,
Dimas Bagus Wiranata Kusuma +1 more
doaj +1 more source
Buletin Ekonomi Moneter dan Perbankan, 2010 Starting from the Optimum Currency Area (OCA), this paper utilize the Vector Error Correction Model (VECM) to identify the dynamic short term and the long term co-movement between the ASEAN 4 currencies, including their existing fundamental mechanism ...
Moch. Doddy Ariefianto, Perry Warjiyo
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Buletin Ekonomi Moneter dan Perbankan, 2010 Starting from the Optimum Currency Area (OCA), this paper utilize the Vector Error Correction Model (VECM) to identify the dynamic short term and the long term co-movement between the ASEAN 4 currencies, including their existing fundamental mechanism ...
Moch. Doddy Ariefianto, Perry Warjiyo
doaj +1 more source
Convergence and Optimum Currency Area, as Advanced Economic Integration [PDF]
International Journal of Economic Behavior, 2014 In 1961, in the earlier stage of the European integration, professor Bela Balassa proposed a five successive phase model. Today, the half century experience on integration and corresponding literature issued lets us see rather two big phases (instead of ...
Liviu Catalin Andrei
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A Model of an Optimum Currency Area [PDF]
SSRN Electronic Journal, 1997 AbstractThis paper develops a model of the circumstances under which it is beneficial to participate in a currency area. The proposed two-country monetary model of trade with nominal rigidities encompasses the real and monetary arguments suggested by the optimum currency area literature: correlation of real and monetary shocks, international factor ...
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