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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Detalhes bibliográficos
Autor principal: Yehoue, Etienne
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2004.
Colecção:IMF Working Papers; Working Paper ; No. 2004/222
Acesso em linha:Full text available on IMF