Results 71 to 80 of about 57,500 (195)
O ESTRAÑO CASO DO ATAQUE Á EUROZONA: DE QUEN É A CULPA?
: In recent months, the euro area has been under fire from the financial markets, spe-culators being blamed for the mounting of a kind of conspiracy whose ultimate goal would be the disintegration of the project's Economic and Monetary Union (EMU).
ÓSCAR AFONSO, RUI HENRIQUE ALVES
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Formation and Dissolution of Monetary Unions: Evidence from Europe, and Lessons for Elsewhere [PDF]
With the establishment of the euro, many commentators have drawn positive lessons from European monetary union for monetary integration in other parts of the world. This paper argues that the European experience of the 1990s is richer than a simple story
Richard Pomfret
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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.
De Grauwe, Paul +1 more
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Should central banks really be flexible? [PDF]
In this paper I show that central bank flexibility may not be desirable when it encourages trade unions to behave more aggressively. The argument is based on a model where risk averse trade unions interact with a central bank.
Grüner, Hans Peter
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Exchange Rate Regimes of CEE Countries on the way to the EMU: Nominal Convergence, Real Convergence and Optimum Currency Area Criteria [PDF]
The paper addresses some issues which are still open in the process of inclusion of CEE countries in the EMU. First, what are the interests of both parties involved (CEE countries and the EU side) regarding the dynamics of the accession of CEE countries ...
Tina Zumer, Vladimir Lavrac
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Optimum currency area indices: evidence from the 1990s [PDF]
In this paper the authors calculate OCA-indexes for industrial countries in an effort to estimate the benefit-cost ratio of adopting a common currency. The results correspond to the estimation of Bayoumi and Eichengreen (1997b) and show that the ranking ...
Horváth, Roman, Komárek, Luboš
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The euro - what's in it for me? An economic analysis of the Swedish euro referendum of 2003 [PDF]
The Swedish referendum on the euro in September 2003 is an exceptional event for researchers of monetary unions and of European economic integration. Voters chose between maintaining the domestic currency, the krona, and replacing it with the euro, the ...
Jonas Vlachos, Lars Jonung
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Is Latin America an Optimal Currency Area? Evidence from a Structural Vector Auto-regression analysis [PDF]
This paper evaluates the advisability of a monetary union in Latin America applying the theory of optimum currency areas (OCA). The analysis, based on the traditional OCA criteria, suggests that there is no evidence for any monetary integration in Latin ...
Foresti, Pasquale
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The Maastricht convergence criteria and economic growth in the EMU [PDF]
The Maastricht convergence criteria are partially based on the theory of optimum currency areas and costs-benefits analysis of the creation of a single currency area as the EMU foundation.
Slawomir I. BUKOWSKI
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