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...

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Xehetasun bibliografikoak
Egile nagusia: Lama, Ruy
Beste egile batzuk: Rabanal, Pau
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2012.
Saila:IMF Working Papers; Working Paper ; No. 2012/240
Sarrera elektronikoa:Full text available on IMF