Artis, Michael; Kohler, Marion; Mélitz, Jacques - In: Open Economies Review 9 (1998) 1, pp. 537-568
This paper employs worldwide data on output and bilateral trade in order to identify optimum currency areas (OCAs) on a global basis. By retaining only two of the many criteria in the literature on OCAs, computer programming could serve to do the identification. The two chosen criteria relate to...