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Cross-country insurance mechanisms in currency unions
Beers, Nancy van; Bijlsma, Michiel J.; Zwart, Gijsbert T. J. - 2014
Countries in a monetary union can adjust to shocks either through internal or external mechanisms. We quantitatively assess for the European Union a number of relevant mechanisms suggested by Mundell’s optimal currency area theory, and compare them to the United States. For this purpose, we...
Persistent link: https://www.econbiz.de/10010354695
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Fiscal federalism and optimum currency areas : evidence for Europe from the United States
Sala-i-Martin, Xavier; Sachs, Jeffrey - 1992
Persistent link: https://www.econbiz.de/10013421717
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Regional currency arrangements : insights from Europe
Christl, Josef - 2006
Persistent link: https://www.econbiz.de/10003340416
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The relative importance of symmetric and asymmetric shocks : the case of United Kingdom and euro area
Peersman, Gert - 2007
Persistent link: https://www.econbiz.de/10003511397
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Participation in a currency union
Casella, Alessandra - 1990
Persistent link: https://www.econbiz.de/10000787340
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The prospects of a mini currency union in 1999
De Grauwe, Paul - 1996
Persistent link: https://www.econbiz.de/10013422255
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Currency unions and trade : a post-EMU mea culpa
Glick, Reuven; Rose, Andrew - 2015
Persistent link: https://www.econbiz.de/10011290851
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The EMU and the NAMU : what is the case for North American Monetary Union?
Buiter, Willem H. - 1999
Persistent link: https://www.econbiz.de/10013422819
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Risk sharing and EMU
Mélitz, Jacques - 2004
Persistent link: https://www.econbiz.de/10013424450
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The Euro Crisis and Economic Growth : A Novel Counterfactual Approach
Terzi, Alessio - 2019
warranted. To make this claim, this paper uses a Propensity Score Matching Model to produce counterfactuals for the Eurozone … more in the Eurozone periphery than in the standard counterfactual scenario. These results are not dictated by any specific … Eurozone's specificity, which is instead to be traced back to a sharper-than-expected contraction in investment and fiscal …
Persistent link: https://www.econbiz.de/10012866042