Egbuna, Ngozi Eunice; Jarju, Ismaila; Bawa, Sani; … - 2019
This study assesses the speed of real convergence in ECOWAS using the Optimal Currency Area (OCA) theory to determine the readiness of member countries for a monetary union. The study leveraged on Bayoumi and Eichengreen (1996) and computed OCA indices utilizing both variables suggested by the...