Sembene, Daouda; Gammadigbe, Vigninou; Issifou, Ismaël; … - 2018
monetary areas based on the synchronicity criterion. These include trade, cross-border investments, mobility of factors … estimates show that African RECs reduce significantly fiscal divergence between countries. We further find that common monetary …The literature on Optimal Currency Areas (OCA) has identified several channels for the ex post justification of common …