Results 21 to 30 of about 57,500 (195)
Empirical Results for Some Monetary Areas According to Optimum Currency Area Criteria
Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2015 The euro area is the biggest monetary union in the World. In post-crisis time, the possibilities of creation a new monetary union are discussed again.
Emil Adámek, Stanislav Kappel
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A Model of an Optimum Currency Area [PDF]
SSRN Electronic Journal, 1997 AbstractThis paper develops a model of the circumstances under which it is beneficial to participate in a currency area. The proposed two-country monetary model of trade with nominal rigidities encompasses the real and monetary arguments suggested by the optimum currency area literature: correlation of real and monetary shocks, international factor ...
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EU Enlargement and the Euro? One Money for All the Europes?
East Asian Economic Review, 2001 The paper takes into account both the concerns of the EU, arguing that convergence is incomplete, and the demands from accession countries, claiming that monetary integration is optimal.
Rainer Schweickert
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Optimum currency areas: a policy view
PSL Quarterly Review, 2006 Article originally published in the volume 59 issue 239 of Banca Nazionale del Lavoro Quarterly Review (also known as BNL Quarterly Review).
Filippo Cesarano
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An Optimum Currency Crisis [PDF]
The European Journal of Comparative Economics, 2014 This paper presents an ex-post assessment of the current situation of the EMU in light of the conditions prescribed by the theory of Optimum Currency Areas (OCA). The analysis shows that some of those conditions were satisfied at the inception of the EMU,
Paolo Pasimeni
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Demand and supply shock symmetry across Polish voivodeships
Studia Regionalne i Lokalne, 2018 The aim of this paper is to evaluate the symmetry of demand and supply shocks affecting Polish voivodeships and to assess the risk of asymmetric shocks in the future. The study employs the SVAR-based Blanchard and Quah (1989) decomposition as modified by
Paweł Gajewski
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EСONOMIC AND MONETARY UNION: CORRECTION ОF FAILURES
Vestnik MGIMO-Universiteta, 2013 The articles deals with the initial design failures of the European and Monetary Union which could have lead to the current sovereign debt crisis of some of its member-states.
A. N. Tsibulina
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The equilibrium approach to optimum currency areas
PSL Quarterly Review, 2006 Article originally published in the volume 59 issue 237 of Banca Nazionale del Lavoro Quarterly Review (also known as BNL Quarterly Review).
Filippo Cesarano
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Lezioni dall’eurozona per l’Africa (Lessons for Africa from the Eurozone)
Moneta e Credito, 2020 La recente crisi dell’eurozona, insieme all’annunciata riforma del Il susseguirsi di crisi nella zona euro rende forse necessaria una riconsiderazione dei progetti di unione monetaria in Africa.
Paul R. Masson
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PolitejaINSTITUTIONAL REFORMS OF THE ECONOMIC AND MONETARY UNION IMPLEMENTED AFTER 2010: THE EFFECTIVENESS OF NEW ARRANGEMENTS ON THE GROUNDS OF THE THEORY OF OPTIMUM CURRENCY AREAS The economic shocks over the last 15 years revealed low effectiveness of ...
Marta Wajda-Lichy
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