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Hard/Soft Monetary Unions and Blockchain Dynamics

Hegadekatti, Kartik - 2017

The Brexit issue has caused much concern regarding the future economic scenario of Europe in particular and the world in general. There are several reasons for Brexit. One of them is that the very nature of Monetary Unions is its rigidity. The 'one size fits all' yardstick won't apply to many...

Persistent link: https://www.econbiz.de/10012956687

Exchange Rate Pass-Through and Monetary Integration in the Euro Area

Saiki, Ayako - 2011

whether monetary policy convergence in the euro area led to a convergence in terms of exchange rate pass-through. We conduct a … comparative study between the “experiment group” (the euro area) and the “control group” (non-euro industrial countries). We find … evidence for stronger convergence of exchange rate pass-through for the euro area economies as a group, especially around the …

Persistent link: https://www.econbiz.de/10013118966

How should large and small countries be represented in a currency union?

Berger, Helge; Müller, Till - 2004

The likely extension of the euro area has triggered a debate on the organization of the ECB, in particular on the …

Persistent link: https://www.econbiz.de/10009303502

Monetary policy in EMU when the transmission is asymmetric and uncertain

De Grauwe, Paul; Sénégas, Marc-Alexandre - 2003

In this paper we address the issue of how transmission uncertainty could affect the choice between a federal monetary policy based on national data and one on aggregated data.We find that the uncertainty about the transmission process increases the need to take into account information about...

Persistent link: https://www.econbiz.de/10011506467

The Economic and Monetary Union : Past, Present and Future

Dabrowski, Marek - 2019

Twenty years of euro history confirms the euro's stability and position as the second global currency. It also enjoys … the support of majority of the euro area population and is seen as a good thing for the European Union. The European …

Persistent link: https://www.econbiz.de/10012869760

Monetary Unions and National Welfare

Gorgun, Cem - 2019

This paper studies monetary regime choice between monetary union and flexible exchange rate regime in a large open economy framework. The classical approach emphasizes that monetary unions are inherently costly because a single interest rate cannot respond effectively to different shocks of...

Persistent link: https://www.econbiz.de/10012858555

Monetary unions and national welfare

Görgün, Cem - 2019

Persistent link: https://www.econbiz.de/10012131827

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

This study operationalizes the Optimum Currency Area (OCA) to investigate the preparedness of Economic Community of West African States (ECOWAS) members to form a Monetary Union (MU). Inflation and output models are estimated, with the sample 1988:01 to 2017:12 for the former and 1967 to 2016...

Persistent link: https://www.econbiz.de/10012016723

The economic and monetary union : past, present and future

Dąbrowski, Marek - 2019

Persistent link: https://www.econbiz.de/10012029380

How Should Large and Small Countries Be Represented in a Currency Union?

Berger, Helge; Müller, Till - 2021

The likely extension of the euro area has triggered a debate on the organization of the ECB, in particular on the …

Persistent link: https://www.econbiz.de/10013318847