Hughes Hallett, Andrew; Hougaard Jensen, Svend Erik - In: CESifo economic studies : CESifo, a joint initiative of … 49 (2003) 3, pp. 355-379
This paper studies the incentives to join a monetary union, and the incentives to reform within a monetary union and … is found that countries will only want to join a monetary union where there has been sufficient labour market reform, and …