Bajo-Rubio, Oscar; Díaz-Roldán, Carmen - In: Recherches économiques de Louvain 69 (2003) 1, pp. 73-96
Insurance Mechanisms against Asymmetric Shocks in a Monetary Union : a Proposal with an Application to EMU, by Oscar Bajo-Rubio and Carmen Díaz-RoldánIn this paper we propose a simple, automatic insurance mechanism designed to cope with asymmetric shocks in a monetary union, which could be...