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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Detalles Bibliográficos
Autor principal: Decressin, Jorg
Otros Autores: Stavrev, Emil
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2009.
Colección:IMF Working Papers; Working Paper ; No. 2009/127
Acceso en línea:Full text available on IMF