The inherent benefit of monetary unions
Year of publication: |
2020
|
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Authors: | Groll, Dominik ; Monacelli, Tommaso |
Published in: |
Journal of monetary economics. - Amsterdam : Elsevier, ISSN 0304-3932, ZDB-ID 191155-7. - Vol. 111.2020, p. 63-79
|
Subject: | Commitment | Discretion | Flexible exchange rates | Monetary union | Nominal rigidities | Welfare losses | Währungsunion | Geldpolitik | Monetary policy | Theorie | Theory | Wohlfahrtsanalyse | Welfare analysis | Flexibler Wechselkurs | Flexible exchange rate | Preisrigidität | Price stickiness | EU-Staaten | EU countries | Regelbindung versus Diskretion | Rules versus discretion | Wechselkurssystem | Exchange rate regime | Wechselkurs | Exchange rate | Eurozone | Euro area |
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