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A Bibliometric Analysis of the Literature on Optimum Currency Areas and Monetary Integration

open access: diamondManaging Global Transitions
Our study presents a pioneering bibliometric analysis of optimum currency areas literature and monetary integration, utilising 9,228 research outputs published between 1960 and 2022.
Ntombi Matonana, Andrew Phiri
doaj   +5 more sources

Unilateral currency union with a high-income area: the case of Montenegro [PDF]

open access: yesThe European Journal of Comparative Economics, 2022
Unilateral euroization by developing economies is underexplored even in comparison to unilateral dollarization (taken to mean the adoption of the US dollar as legal tender). This paper attempts to help fill this gap in the literature by investigating the
Arslan Razmi
doaj   +1 more source

Optimum currency areas: EU case [PDF]

open access: yesMegatrend 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 ...
Petković Vladislav
doaj   +1 more source

Optimum currency areas: a policy view

open access: yesPSL Quarterly Review, 2012
Since the mid-1990s new developments in the theory of optimum currency areas have set forth an equilibrium approach that, in contrast with the traditional view stemming from Robert Mundell's seminal paper, considers the optimality criteria as the ...
Filippo Cesarano
doaj   +1 more source

Monetary integration in South America: Elección of candidates through unsupervised machine learning

open access: yesRevista de Economía Mundial, 2022
Applying Unsupervised Machine Learning techniques to a set of nominal variables (based on the optimum currency area [OCA] theory and the Maastricht Treaty criteria) and industrial indicators (based on similar production patterns), this paper aims to ...
León Padilla, Eduardo Marín
doaj   +1 more source

Choice of an Exchange Rate Regime: the Role of Optimum Currency Area Theory

open access: yesCompetitio, 2021
This lecture deals with the problem of the choice of exchange rate regime for fiat and fully convertible currencies. We begin with a review of different types of exchange rate regimes and discuss the difference between de jure and de facto regimes.
Julius Horvath
doaj   +2 more sources

The equilibrium approach to optimum currency areas

open access: yesPSL Quarterly Review, 2012
This paper contrasts the received view of optimum currency areas with the modern equilibrium approach. Setting Mundell's work against earlier analyses of monetary unions exposes the peculiarities of his theory, embedded in the static Keynesian paradigm.
Filippo Cesarano
doaj   +1 more source

Practical insights from OCA variable combinations [PDF]

open access: yesEkonomski Anali, 2008
This study aims to identify optimum currency areas (OCA) variables that distinguish certain Economic and Monetary Union (EMU) member countries from the other EMU members.
Ozer Itir, Ozkan Ibrahim
doaj   +1 more source

Assessing the optimality of euro adoption in Romania through shock correlations

open access: yesEuropean Journal of Government and Economics, 2021
The present paper is concerned with the prospect of euro adoption in Romania. The study starts from the relevant literature of the Optimum Currency Areas and identifies the most widely acknowledged meta property and methodological model for this purpose:
Adrian Bodea
doaj   +1 more source

Measuring the business cycles similarity and convergence trends in the Central and Eastern European countries towards the Eurozone with respect to some unclear methodological aspects

open access: yesActa Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2011
The adoption of Euro in Slovakia since January 2009 and current world economic crises revived a debate on timing of the Euro adoption in the Czech Republic and other Central and Eastern European countries. The purpose of the article is to contribute to a
Petr Rozmahel
doaj   +1 more source

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