Relative Prices and Economic Adjustment in the U.S. and the EU : A Real Story About European Monetary Union /

Structural vector autoregressions are used to analyze the relationship between real output and relative prices within the EU and the United States, Relative price variability appears to be more important for adjustment within the EU than the United States, reflecting the lower integration of goods a...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Thomas, Alun
Awduron Eraill: Bayoumi, Tamim
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 1994.
Cyfres:IMF Working Papers; Working Paper ; No. 1994/065
Mynediad Ar-lein:Full text available on IMF