Results 201 to 210 of about 648 (252)

Exploring the interconnection between international crude oil and silver rates volatilities: Novel evidence from the COVID-19 pandemic.

Heliyon
Zhou L, Gong Z, Tian L, Chen Z.
europepmc   +1 more source

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The theory of optimum currency areas, trade adjustment, and trade

Open Economies Review, 1996
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Jacques Melitz
exaly   +4 more sources

A common currency for Russia and Byelorussia: Meeting the criteria of the optimum currency area theory

Studies on Russian Economic Development, 2006
The articles discusses the readiness of Russia and Byelorussia for the introduction of a common currency in their territories and the theoretical basis for this introduction, as presented in the theory of optimum currency areas.
exaly   +2 more sources

Operationalising the theory of optimum currency areas

1984
Recent years have seen a wave of empirical studies attempting to give empirical content to the theory of optimum currency areas as a way of marshalling evidence on the costs and benefits of EMU. This paper reviews this empirical literature, as a way of examining the success with which theory has been operationalized. We also report some new work on the
Bayoumi, Tamim, Eichengreen, Barry
openaire   +2 more sources

A history of the theories on Optimum Currency Areas

The European Journal of the History of Economic Thought, 2014
AbstractThe historical reconstructions of the theories of Optimum Currency Areas (OCA) are usually biased by the underlying theoretical and policy orientation of their authors, they often provide a sort of internalist explanation of advancement in economic theory (assuming that economic theory evolves for internal reasons defined by theorists in the ...
openaire   +1 more source

Theory of Optimum Currency Areas

Review of Market Integration, 2015
This article aims at providing an eclectic analysis of the theory of optimum currency areas (OCAs). Although the basic tenets of the theory were anticipated during the late 1940s and the 1950s, the theory was developed and maturated in three highly influential papers of Mundell (1961), McKinnon (1963) and Kenen (1969).
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The ‘New’ Theory of Optimum Currency Areas

The World Economy, 1993
Highbrow opinion is like a hunted hare; if you stand long enough it will come back to the place it started from. Dennis Robertson
openaire   +1 more source

Theory of Optimum Currency Areas and the Balkans

2016
The theory of optimum currency areas show which are the optimal conditions for a group of countries sharing the same currency, such theory also points out the costs and benefits of giving up a national currency. There are costs and benefits for countries that decide to use the currency of another country or if they choose to belong to a monetary union.
Edgar Juan Saucedo Acosta, Jesus Diaz Pedroza   +1 more
openaire   +1 more source

Adventures of the optimum currency areas theory

Voprosy Ekonomiki, 2016
The theory of optimum currency areas was created by three famous economists, R. Mandell, R. McKinnon and P. Kenen. They identified characteristics that potential participants of a currency area should possess in order to make it feasible to surrender the independent monetary policy and the adjustment of an exchange rate of a national currency.
openaire   +1 more source

Theory of Optimum Currency Areas

2007
To clarify the economic rationale of a currency union we have to judge it from the point of view of markets and against the background of the market agents’ experiences with other currency systems. In case of national currencies which are bound together in a system of fixed exchange rates, governments face the risk of balance of payments imbalances ...
openaire   +1 more source