Stylized Facts on Bilateral Trade and Currency Unions : Implications for Africa /

This paper explores and quantifies several aspects of the performance of currency unions using an augmented version of the gravity model and focusing on two samples, the world and Africa. Our empirical findings suggest that, in principle, membership in a currency union should benefit Africa as much...

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Bibliographic Details
Main Author: Hulej, Michal
Other Authors: Ewenczyk, Pierre, Tsangarides, Charalambos
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2006.
Series:IMF Working Papers; Working Paper ; No. 2006/031
Online Access:Full text available on IMF