Currency Bloc Formation as a Dynamic Process Based on Trade Network Externalities /

The recent experience of the European Economic and Monetary Union (EMU) has stimulated the debate over currency union and reinforced the incentive for the emergence of currency blocs in other regions of the world. This paper builds a dynamic stochastic model-based on network externalities operating...

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Détails bibliographiques
Auteur principal: Yehoue, Etienne
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2004.
Collection:IMF Working Papers; Working Paper ; No. 2004/222
Accès en ligne:Full text available on IMF