Abu-Bader, Suleiman; Abu-Qarn, Aamer S. - Economics Department, Ben Gurion University of the Negev - 2006
This paper examines the suitability of the proposed monetary union among the members of the Gulf Cooperation Council (GCC). To do so, we identify the underlying structural shocks that these economies are subject to and assess the extent to which the shocks are symmetric. Additionally, we test...
