Results 91 to 100 of about 57,500 (195)

EMU enlargement towards CEEC's : risks of sector-based and geographic asymmetric shocks [PDF]

open access: yes
The future membership of CEECs in the eurozone involves the risk of external asymmetric shocks, due to too strong a dependence on one sector or one customer country. By defining two indicators - sector-based and geographic - of exposure to shocks, taking
Jérôme Trotignon
core  

Regional Monetary Integration among Developing Countries: New Opportunities for Macroeconomic Stability beyond the Theory of Optimum Currency Areas? [PDF]

open access: yes
Optimum Currency Area (OCA) approaches turn to be inadequate in the analysis of the new regional monetary integration schemes that have sprung up among developing and emerging market economies.
Barbara Fritz, Laurissa Mühlich
core  

A Tale of Two Cycles: Co-Fluctuations Between UK Regions and the Euro Zone [PDF]

open access: yes
We examine the patterns and determinants of business-cycle correlations among eleven UK regions and six euro-zone countries over the 1966-1997 period, using GMM to allow for sampling error in comparing estimated correlations.
Marianne SENSIER   +3 more
core  

Exchange Rate Volatility and Optimum Currency Area: Evidence from Africa [PDF]

open access: yes
In this paper we use a system of simultaneous equations and Generalized Method of Moment (GMM) to investigate the relation between bilateral exchange rate volatility and the relevant variables pointed out by the theory of optimum currency areas (OCA) for
Chrysost Bangaké
core  

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