Current Accounts in a Currency Union /
A fear about EMU was that in the absence of national currencies, country-specific shocks would result in greater current account divergences between member states. This paper finds that divergences across euro-area countries are smaller and have not risen relative to those across 13 other advanced e...
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Formato: | Revista |
Lenguaje: | English |
Publicado: |
Washington, D.C. :
International Monetary Fund,
2009.
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Colección: | IMF Working Papers; Working Paper ;
No. 2009/127 |
Acceso en línea: | Full text available on IMF |