Results 11 to 20 of about 57,500 (195)

Is East Asia an optimum currency area? [PDF]

Economic Modelling, 2012
Abstract This paper assesses the empirical desirability of the East Asian economies to an alternative exchange rate arrangement (a monetary union) that can potentially enhance the exchange rate stability and credibility in the region. Specifically, the symmetry in macroeconomic disturbances of the East Asian economies is examined as satisfying one of
Lee, Grace HY, M, Azali
openaire   +4 more sources

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

Revista 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

Competitio, 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

Practical insights from OCA variable combinations [PDF]

Ekonomski 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

European 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

A Theory of Optimum Currency Areas: Revisited [PDF]

IMF Working Papers, 1992
Starting with Friedman and Mundell the academic literature has conducted a high level debate concerning the design of cross-country monetary arrangements. That debate has become very complex and the data requirements necessary for appropriate application of the principles developed are far beyond the means of the very nations for which the principles ...
Robert P Flood, Joshua Aizenman
openaire   +2 more sources

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

Acta 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

Optimum Currency Areas Under Inflation Targeting

Open Economies Review, 2003
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Røisland, Øistein, Torvik, Ragnar
openaire   +4 more sources

Optimum currency areas, real and nominal convergence in the European Union

Notas Económicas, 2015
It is well known and widely accepted by economists that the characteristics of the countries of the European Monetary Union (EMU) created in 1999 did not match the requirements of an Optimum Currency Area (OCA).
João Sousa Andrade, António Portugal Duarte   +1 more
doaj   +1 more source

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

Managing 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   +3 more sources