Results 211 to 220 of about 648 (252)

Optimum Currency Area: Theories Re-examined

1977
Before undertaking this re-examination, two major considerations should be borne in mind. First, an optimum currency area is a different animal from an economic and monetary union. An optimum currency area comprises a group of countries whose currencies are linked together through fixed exchange rates. Optimum currency areas have consisted of countries
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Narratives of Optimum Currency Area Theory and Eurozone Governance

New Political Economy, 2013
Optimum Currency Area theory (OCA) is a body of research that has, since its inception in 1961, been highly influential for the discourse and design of Economic and Monetary Union, exercising a significant hermeneutical force. Nonetheless, there has been little acknowledgement that OCA is the subject of very significant internal disagreement, to the ...
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The Theory of Optimum Currency Areas and European Monetary Unification

1973
In a pioneering article published in 1961, Professor Mundell endeavoured to lay the foundations of a theory of optimum currency areas; a few important contributions have been made subsequently, notably by Professors McKinnon and Kenen. Mundell warned the reader not to regard the exercise as purely academic: ‘Certain parts of the world are undergoing ...
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Divergent competitiveness in the eurozone and the optimum currency area theory [PDF]

, 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. The optimum currency area (OCA) theory provides a framework with several criteria for such analysis.
João Rebelo Barbosa, Rui Henrique Alves
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The Economics of Monetary Union: The Theory of Optimum Currency Areas

2013
In the 1960s, the theory of Optimum Currency Areas (OCAs) emerged as a by-product of the theoretical debate between fixed and flexible exchange rates. The OCAs approach singles out an economic characteristic to define an economic domain where there is exchange rate fixity erga intra, while there is exchange rate flexibility erga extra.
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There Was No Analytical Alternative to the Theory of Optimum Currency Areas

Econ Journal Watch, 2010
A comment on Lars Jonung and Eoin Drea's (2010) article, "It Can't Happen, It's a Bad Idea, It Won't Last: U.S.
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Effective European monetary union in the light of the optimum currency area; model countries: Germany and Poland

Journal of Economic and Administrative Sciences, 2021
Ergin Akalpler
exaly  

THE CONVERGENCE OF EURO AREA COUNTRIES IN TERMS OF OPTIMUM CURRENCY AREA THEORY [PDF]

Revista economica, 2012
The aim of this paper is to analyze whether the Euro zone is an optimal currency area. The analysis takes into consideration the existing literature and the empirical data for several criteria of the optimum currency area theory. Since the introduction of the euro there have been significant advancements in fulfilling some of the criteria, but there is
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The Theories Of Optimum Currency Area: A Critical Review

2017
The subject matter of monetary unions has long attracted academics; yet the debate based on the theoretical grounds has commenced only after the publication of Mundell‟s Seminal Paper in 1961. The title of the article was, “A Theory of Optimum Currency Areas.”, through which Mundell studied the optimal conditions or criteria required for countries to ...
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The Theory of Optimum Currency Areas

The Canadian Journal of Economics, 1970
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