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Objective: The objective of the article is to determine which exchange rate regime provides higher bilateral trade: fixed rate or currency union. Research Design & Methods: An index was designed based on variables commonly recognised as those that might affect the value of bilateral trade and...
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von Ländern zur Teilnahme an der EWU. Es wird gezeigt, daß diese Kriterien weder die Theorie optimaler Währungsgebiete … the theory of optimum currency areas (OCA) nor can they avoid the so-called endogeneity problem. Opposed to that the level …
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von Ländern zur Teilnahme an der EWU. Es wird gezeigt, daß diese Kriterien weder die Theorie optimaler Währungsgebiete … the theory of optimum currency areas (OCA) nor can they avoid the so-called endogeneity problem. Opposed to that the level …
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.- AppendixA.- Modern Exchange Rate Theory and Schumpetrian Economic Analysis:New Approach and Application to the Euro … for the Euro: Theory, Strategic Issues andPolicy Options: Introduction.- Exchange Rate Regimes and Exchange Rate Policies …
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