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A Monetary Union in Asia? Some European Lessons
Wyplosz, Charles - 2017
Monetary Union in Europe has been the natural response to the combined desire of stabilizing intra-European exchange rates and of lifting permanently all capital controls. The commitment to stable exchange rate has long been rooted in policymakers' conviction that trade integration requires...
Persistent link: https://www.econbiz.de/10012942396
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Estonia and the European Monetary Union : are there benefits from a “late” accession?
Baas, Timo - 2014
2011. During this time, trading shares with Eurozone countries declined, raising questions about the optimal accession time …Der Beitritt von Estland zur Eurozone verzögerte sich aufgrund der Nichterfüllung des EU-Konvergenzkriteriums zur … Preisniveaustabilität auf Januar 2011. Zwischen 2006 und 2011 reduzierte sich der Anteil der Eurozone am Handel Estlands, wodurch sich gemäß …
Persistent link: https://www.econbiz.de/10010417152
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Out in the Cold? Iceland's Trade Performance Outside the European Union and European Monetary Union
Breedon, Francis - 2012
Although entering a currency union involves both costs and benefits, an increasing body of research is finding that the benefits – in terms of international trade creation – are remarkably large. For example, Rose (2000) suggests that countries can up to triple their trade by joining a...
Persistent link: https://www.econbiz.de/10013103877
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Real Convergence and Inflation : Quantification and Implications for Integration with the Euro Area
Podkaminer, Leon - 2008
The cross-country regression relating the relative price level to the relative GDP level is significant and stable. But there is no shorter-term trade-off between fast real convergence and low inflation. Such a tradeoff characterises the dynamic process moving the economy along the regression...
Persistent link: https://www.econbiz.de/10012723295
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Estonia and the European Monetary Union – Are There Benefits from a 'Late' Accession?
Baas, Timo - 2014
2011. During this time, trading shares with Eurozone countries declined, raising questions about the optimal accession time …
Persistent link: https://www.econbiz.de/10013050232
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Financial Integration, Exchange Rate Regimes in Ceecs, and Joining the Emu : Just Do it
Maurel, Mathilde - 2004
Candidate countries of central and eastern Europe (CEECs) are suppose to join the EU in 2004, June, which imply that they will face important challenges in the conduct of macroeconomic policy, in order to be able to enter the ERM-II system and eventually enter the EMU (European Monetary Union)....
Persistent link: https://www.econbiz.de/10014073329
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Braucht es monetäre und reale Konvergenz für eine (in einer) Währungsunion? : Anmerkungen zu einer aktuellen Debatte
Sell, Friedrich L. - 2001
Mitgliedern der Währungsunion ist. Bei der Aufnahme weiterer Mitglieder in die EURO-Zone sind sowohl realwirtschaftliche als auch …
Persistent link: https://www.econbiz.de/10001596617
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Braucht es monetäre und reale Konvergenz für eine (in einer) Währungsunion? : Anmerkungen zu einer aktuellen Debatte
Sell, Friedrich L. - 2001
Mitgliedern der Währungsunion ist. Bei der Aufnahme weiterer Mitglieder in die EURO-Zone sind sowohl realwirtschaftliche als auch …
Persistent link: https://www.econbiz.de/10010508238
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The Political Economy Under Monetary Union : Has the Euro Made a Difference?
Fratzscher, Marcel; Stracca, Livio - 2021
Economic and Monetary Union (EMU) has transformed Europe and has created an integrated pan-European economy. Much research has focused on understanding this integration process and what benefits and costs it entails. This paper identifies a political economy channel of EMU as the monetary union...
Persistent link: https://www.econbiz.de/10013316460
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The Eurozone and Brexit
Miltimore, Stuart Medina; Mitchell, William - In: Modern monetary theory : key insights, leading thinkers, (pp. 152-181). 2023
Persistent link: https://www.econbiz.de/10014330318