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today the success of the euro has prompted a reconsideration of whether monetary unions should be implemented elsewhere …
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Union (EMU) ; Euro ; seignorage ; seignorage pooling ; seignorage change ; pool bias …
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This paper first describes the ingredients the present crisis in the euro zone and then evaluates the key options that … was involved as well. I argue that a more fundamental problem is that the euro zone lacks an adjustment mechanism for …
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