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...
| Prif Awdur: | |
|---|---|
| Fformat: | Cylchgrawn |
| Iaith: | English |
| Cyhoeddwyd: |
Washington, D.C. :
International Monetary Fund,
1997.
|
| Cyfres: | IMF Working Papers; Working Paper ;
No. 1997/076 |
| Mynediad Ar-lein: | Full text available on IMF |