A Formal Model of Optimum Currency Areas /
A model of optimum currency areas is presented using a general equilibrium model with regionally differentiated goods. The choice of a currency union depends upon the size of the underlying disturbances, the correlation between these disturbances, the costs of transactions across currencies, factor...
| 1. autor: | |
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| Format: | Czasopismo |
| Język: | English |
| Wydane: |
Washington, D.C. :
International Monetary Fund,
1994.
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| Seria: | IMF Working Papers; Working Paper ;
No. 1994/042 |
| Dostęp online: | Full text available on IMF |