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A diagnostic on the West African Monetary Union
Quah, Chee Heong - In: The South African journal of economics 84 (2016) 1, pp. 129-148
Persistent link: https://www.econbiz.de/10011490601
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The impact of monetary union on macroeconomic integration : evidence from West Africa
Fielding, David; Shields, Kalvinder K. - 2004
In this paper we use data from 17 African nations in order to investigate the hypothesis that monetary union - represented in this case by the CFA Franc Zone - augments the extent of macroeconomic integration. The paper covers a number of dimensions of integration including the volume of...
Persistent link: https://www.econbiz.de/10011506430
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Investigating the sources of asymmetric growth and inflation shocks in the WAEMU region
Tadenyo, Yao Dossa - 2021
Persistent link: https://www.econbiz.de/10012695722
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A new currency for West African states: the theoretical and political conditions of its feasibility
Amato, Massimo; Nubukpo, Kako - In: PSL quarterly review 73 (2020) 292, pp. 3-26
Recent developments in the monetary situation in West Africa, in particular the transformation for the CFA franc area and the project to build a single currency for the CEDEAO/ECOWAS, require a systematic review of the assumptions underlying the formation of monetary unions. The article provides...
Persistent link: https://www.econbiz.de/10012288194
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Economic integration in the six Middle Eastern Gulf countries : a look from the perspective of money demand
Azar, Samih Antoine; Asrawi, Fadi; Gharzuddine, Emad - In: Journal of emerging market finance 16 (2017) 3, pp. 189-218
Persistent link: https://www.econbiz.de/10011925261
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Fiscal policy under alternative exchange rate regimes : on the specification of money demand in new open economy macroeconomics
Steffen, Dirk - 2005
sensitiv auf die Spezifikation der Geldnachfrage reagiert. Dieser Themenkomplex wird über die Modellierung alternativer … Mikrofundierungen der Geldnachfrage adressiert, die jeweils unterschiedliche Skalierungsvariablen implizieren. Zunächst wird ein Money … Literatur, der dazu führt, dass der private Konsum die Skalierungsvariable der Geldnachfrage wird. Diesem Ansatz werden …
Persistent link: https://www.econbiz.de/10009475313
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The characteristics of macroeconomic shocks in the CFA Franc Zone
Fielding, David; Lee, Kevin C.; Shields, Kalvinder K. - 2004
In this paper we fit a VECM in output and prices to data from ten countries of the CFA Franc Zone. This model allows for various cross-country interactions in both the short run and the long run. The VECM parameters are used to estimate persistence profiles of different kinds, in order to...
Persistent link: https://www.econbiz.de/10011506437
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The role of the euro in Sub-Saharan Africa and in the CFA franc zone
Hallet, Martin - Directorate-General Economic and Financial Affairs, … - 2008
The paper analyses different aspects of the role that the euro is currently playing in sub-Saharan Africa (SSA) and in the CFA franc zone of West and Central Africa. As similar contributions on the role of the euro in other global regions, it served as background information for the analysis of...
Persistent link: https://www.econbiz.de/10008577458
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Macroeconomic policy in a heterogeneous monetary union
Grimm, Oliver; Ried, Stefan - 2007
We use a two-country model with a central bank maximizing union-wide welfare and two fiscal authorities minimizing comparable, but slightly different country-wide losses. We analyze the rivalry between the three authorities in seven static games. Comparing a homogeneous with a heterogeneous...
Persistent link: https://www.econbiz.de/10003468464
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Does the single currency affect foreign direct investment?
Sousa, José de; Lochard, Julie - In: The Scandinavian journal of economics 113 (2011) 3, pp. 553-578
Persistent link: https://www.econbiz.de/10009376882