Narrow search
Showing 1 - 10 of 781
Cover Image
Currency Unions
Alesina, Alberto F.; Barro, Robert J. - 2021
What is the optimal number of currencies in the world? Common currencies affect trading costs and, thereby, the amounts of trade, output, and consumption. From the perspective of monetary policy, the adoption of another country's currency trades off the benefits of commitment to price stability...
Persistent link: https://www.econbiz.de/10013214585
Cover Image
Fiscal Federalism and Optimum Currency Areas : Evidence for Europe from the United States
Sala-i-Martin, Xavier; Sachs, Jeffrey D. - 2022
The main goal of this paper is to estimate to what extent the federal government of the United States insures member states against regional income shocks. We find that a one dollar reduction in a region's per capita personal income triggers a decrease in federal taxes of about 34 cents and an...
Persistent link: https://www.econbiz.de/10013308484
Cover Image
The UK and the EMU
Artis, Michael J. - 2000
Persistent link: https://www.econbiz.de/10001546463
Cover Image
Participation in a Currency Union
Casella, Alessandra - 2008
When countries of different sizes participate in a cooperative agreement, the potential gain from deviation determines the minimum power that each country requires in the common decision-making. lt;brgt;lt;bRgt;This paper studies the problem in the context of a monetary union - multiple...
Persistent link: https://www.econbiz.de/10012774523
Cover Image
Is Europe an Optimum Currency Area?
Eichengreen, Barry - 2021
An optimum currency area is an economic unit composed of regions affected symmetrically by disturbances and between which labor and other factors of production flow freely. The symmetrical nature of disturbances and the high degree of factor mobility make it optimal to forsake nominal exchange...
Persistent link: https://www.econbiz.de/10013233455
Cover Image
The endogeneity of the optimum currency area criteria, trade, and labor market rigidities : implications for EMU enlargement
Fidrmuc, Jarko (contributor) - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002377396
Cover Image
Macroeconomic shocks in Euroland vs. the UK : supply, demand, or nominal?
Funke, Michael - 2000
Persistent link: https://www.econbiz.de/10001546478
Cover Image
Membership of EMU : a fuzzy clustering analysis of alternative criteria
Artis, Michael J.; Zhang, Wenda - 1998
Persistent link: https://www.econbiz.de/10001416206
Cover Image
A Tale of Politically-Failing Single-Currency Area
Razin, Assaf - 2012
and recovery patterns for key EU members like Germany and France, within the Eurozone, were similar. However, after the … bubble burst and the crisis began unfolding it became clear that the Eurozone plight differed from America's in one … fundamental respect. There was no exact counterpart of Eurozone GIIPS (Greece, Italy, Ireland, Portugal, and Spain) in the United …
Persistent link: https://www.econbiz.de/10013100996
Cover Image
Economic policy coordination in the EMU : implications for the stability and growth pact?
Breuss, Fritz; Weber, Andrea - 1999
Persistent link: https://www.econbiz.de/10001481264