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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Ricci, Luca
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1997.
سلاسل:IMF Working Papers; Working Paper ; No. 1997/076
الوصول للمادة أونلاين:Full text available on IMF