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A history of the theories on Optimum Currency Areas

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 ...
Fabio Masini
exaly   +2 more sources

The Endogenity of the Optimum Currency Area Criteria [PDF]

open access: possibleThe Economic Journal, 1998
A country' suitability for entry into a currency union depends on a number of economic conditions. These include, inter alia, the intensity of trade with other potential members of the currency union, and the extent to which domestic business cycles are correlated with those of the other countries.
Frankel, Jeffrey A, Rose, Andrew K
openaire   +2 more sources

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