-fledged pan-ECOWAS MU is not advisable. It is also found that members of the European Monetary Union (EMU) tend to be a better fit …

EMU a good or bad thing?", usually adopting the paradigm of optimum currency areas as their main analytical vehicle, (b …

EMU has spurred an interest on the effects of monetary unions on regional economic integration. This paper investigates …

In this paper we study Finland`s way to the Economic and Monetary Union (EMU) and her economic development as a member … of the EMU. First, we describe the economic background of the membership and the arguments presented in research and … discussion for and against it. Then we describe Finland`s economic performance in the Euro zone. The main part of the paper …

conversion rates between the euro and the currencies of EMU members states. Current EU legislation, notably the Maastricht Treaty … prices of EMU member currencies against the euro. Unfortunately, most of these have potentially damaging side effects. One … approach, based on official Stage 2 offers of contingent euro forward contracts with value dates at the start of Stage 3 …

gradually in the course of the last 15 years in EMU countries, as well as the UK, the US and the German Lander. The euro, as …Study on sovereign bond market integration and the role of the euro, trading platforms and globalisation. We … disentangle different driving factors of sovereign bond market integration by studying yield co-movements of EMU countries, the UK …

French taxpayer. In the aftermath of the devaluation of the Franc CFA in 1994, and of the peg of the currency to the Euro in …-Zone never fulfilled the most crucial preconditions of an optimal currency area. The peg to the EMU, orientated at the interests …

We investigate the impact of EMU on macroeconomic volatility. The volatilities of inflation and nominal interest rates … reasons unrelated to EMU (the “great moderationâ€), we focus on the volatilities of bilateral differences in growth rates … (or changes). Pairs of EMU countries have experienced the greatest fall in consumption volatility, followed by pairs in …