A Model of an Optimum Currency Area /

This paper investigates the circumstances under which it is beneficial to participate in a currency area. A two-country monetary model of trade with nominal rigidities encompasses the real and monetary arguments suggested by the optimum currency area literature: correlation of real shocks, internati...

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Bibliografiske detaljer
Hovedforfatter: Ricci, Luca
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 1997.
Serier:IMF Working Papers; Working Paper ; No. 1997/076
Online adgang:Full text available on IMF

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