Deciding to Enter a Monetary Union : TheRole of Trade and Financial Linkages /

This paper evaluates the role of trade and financial linkages in the decision to enter a monetary union. We estimate a two-country DSGE model for the U.K. economy and the euro area, and use the model to compute the welfare trade-offs from joining the euro. We evaluate two alternative scenarios. In t...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Lama, Ruy
Awduron Eraill: Rabanal, Pau
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2012.
Cyfres:IMF Working Papers; Working Paper ; No. 2012/240
Mynediad Ar-lein:Full text available on IMF