Results 31 to 40 of about 57,500 (195)
CONSIDERATION RELATING THE THEORETICAL AND PRACTICAL FRAMEWORK OF THE MONETARY UNION [PDF]
Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie, 2018 For the first time in economic theory, the canadian economist Robert Mundel (1961) signaled the fact that countries with close trade links and with similar economic cycles could benefit major advantages using a common currency by reducing transaction ...
MERCEA (HANDRO) PATRICIA AMALIA
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Is East Asia as prepared as eurozone for monetary union?
Journal of Business Economics and Management, 2012 Based on optimum currency areas (OCA) theory and recent developments in the exchange rate regime literature, this paper evaluates the level of preparedness of East Asia for monetary integration by using the EMU as benchmark.
Chee-Heong Quah
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Endogeneities of Optimum Currency Areas: What brings Countries Sharing a Single Currency Closer together? [PDF]
This paper brings together several strands of the literature on the endogenous effects of monetary integration: i.e., whether sharing a single currency may set in motion forces bringing countries closer together.
Francesco Paolo Mongelli, Paul de Grauwe
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FEATURES INTRODUCTION OF A SINGLE CURRENCY IN THE COUNTRY'S INTEGRATION INTO AN ECONOMIC UNION
Модернизация, инновация, развитие, 2016 The aspects of the introduction of the single currency calculations economic and geographic integration zone. Presented the basic theory of optimum currency areas.
A. G. Kazakova
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CHALLENGES OF THE ECONOMIC AND MONETARY UNION IN THE CONTEXT OF THE ECONOMIC CRISIS [PDF]
CES Working Papers, 2012 The economic and financial crisis which has affected the world economy since 2008 raised a question mark regarding the viability of the Economic and Monetary Union and the future of the euro.
Ioana Laura Văleanu
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What drives business cycle synchronization? BMA results from the European Union
Baltic Journal of Economics, 2019 The last twenty years have brought a bulk of inconsistent results on the determinants of business cycle synchronization (BCS). Researchers have usually focused their attention on a limited set of possible determinants, not accounting for model ...
Krzysztof Beck
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Is Europe an Optimum Currency Area? [PDF]
, 1992 An optimum currency area (OCA) is an economic unit composed of regions affected symmetrically by disturbances and between which labour and other factors of production flow freely (Mundell, 1961). Insofar as regions within the OCA experience the same shocks, there is no obvious advantage to altering relative prices between them.
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ANALYSIS FOR THE DEGREE OF EUROIZATION IN ROMANIA [PDF]
Annals of the University of Oradea: Economic Science, 2012 Euroization is defined as the adoption of the Euro currency by the authorities from a country outside the Euro area, as a legal currency and as an official currency, and this means that the country chooses to give up its national currency and that the ...
Socol Aura Gabriela +2 more
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Germany versus the United States: Monetary Dominance in the Eurozone
Economies, 2016 This study inspects if there is greater convergence with Germany amongst the Eurozone founding members and if their relations with the hegemonic economy have been more symmetrical after “euroization”.
Chee-Heong Quah
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Optimum currency areas and asymmetric shocks [PDF]
Optimum currency areas and asymmetric shocks Comparison of two studies: • Krugman Paul (1993) "Lessons from Massachusetts for EMU" in Torres, F. & Giavazzi, F.
Apostolov, Mico
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