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The endogeneity approach of the theory of optimum currency areas: what does it mean for ASEAN + 3?
Löchel, Horst; Baumann, Stefan - Frankfurt School of Finance and Management - 2006
The paper analyzes if and how the experiences of European integration can be used for the progress of East Asia integration especially of the ASEAN+3 countries1. Of special interest is the relevance of the new endogeneity approach of monetary integration for East Asia. The question is discussed...
Persistent link: https://www.econbiz.de/10005026947
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The endogeneity approach of the theory of optimum currency areas : what does it mean for ASEAN + 3?
Löchel, Horst; Baumann, Stefan - 2006
; Optimum Currency Area ; EMU ; ASEAN + 3 …
Persistent link: https://www.econbiz.de/10003750291
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How Did European Institutional Integration and Intra-European Trade Interact?
Agur, Itai; Dorrucci, Ettore; Mongelli, Francesco Paolo - In: Economie Internationale (2007) 109, pp. 107-146
EMU has spurred an interest on the effects of monetary unions on regional economic integration. This paper investigates …
Persistent link: https://www.econbiz.de/10005406504
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OPTIMUM CURRENCY AREA INDICES : EVIDENCE FROM THE 1990s
Horváth, Roman; Komárek, Luboš - Department of Economics, University of Warwick - 2003
of the Czech Republic could possibly structurally differ more than the EMU member countries between each other. Then they … conclude that if the EMU is sustainable, the accession of the Czech economy should not change it. …
Persistent link: https://www.econbiz.de/10005178293
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Economic and monetary integration of the new Member States - helping to chart the route
Angeloni, Ignazio; Flad, Michael; Mongelli, Francesco Paolo - European Central Bank - 2005
This paper examines diverse aspects of the monetary integration of the ten new Member States (NMS) which joined the EU on 1 May 2004 into the euro area. Most NMS have undergone a rapid and deep transformation in all areas with considerable progress in their processes of reform and convergence,...
Persistent link: https://www.econbiz.de/10005042601
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Der Euro, ein Segen für Afrika? Folgen der Anbindung der afrikanischen Franc-Zone an den Euro
Kohnert, Dirk - Volkswirtschaftliche Fakultät, … - 1998
-Zone never fulfilled the most crucial preconditions of an optimal currency area. The peg to the EMU, orientated at the interests …
Persistent link: https://www.econbiz.de/10005260329
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Exchange Rate Regimes: With or Without the Sucre?
Bénassy-Quéré, Agnès - In: La Lettre du CEPII (2000) 191
Persistent link: https://www.econbiz.de/10004990391
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Monetary Cohabitation in Europe
Persson, Torsten; Tabellini, Guido - C.E.P.R. Discussion Papers - 1996
How can monetary policy in stage III of European Monetary Union be coordinated between the ‘ins’ and the ‘outs’? This paper compares alternative institutional mechanisms, and concludes that a generalized system of inflation targets at the European level has several merits: it strengthens...
Persistent link: https://www.econbiz.de/10005124416
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Finland's Experiences and Challenges in the Euro Zone
Kotilainen, Markku - Elinkeinoelämän Tutkimuslaitos (ETLA)
In this paper we study Finland`s way to the Economic and Monetary Union (EMU) and her economic development as a member … of the EMU. First, we describe the economic background of the membership and the arguments presented in research and …, and fiscal policy. Finland is analysed in the context of other EMU and EU countries, so the paper includes comparisons …
Persistent link: https://www.econbiz.de/10005818390
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Ecowas common currency : how prepared are its members?
Mati, Sagiru; Civcir, İrfan; Ozdeser, Hüseyin - In: Investigación económica : revista de la Faculdad de … 78 (2019) 308, pp. 89-119
-fledged pan-ECOWAS MU is not advisable. It is also found that members of the European Monetary Union (EMU) tend to be a better fit …
Persistent link: https://www.econbiz.de/10012016723