Hughes Hallett, Andrew; Hougaard Jensen, Svend Erik - In: CESifo economic studies : CESifo, a joint initiative of … 49 (2003) 3, pp. 355-379
This paper studies the incentives to join a monetary union, and the incentives to reform within a monetary union and within the candidate countries, respectively. We present some "orders of magnitude" evidence on the size and balance of the incentive effects for joining and being joined, and on...