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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| 格式: | 杂志 |
| 语言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
2012.
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| 丛编: | IMF Working Papers; Working Paper ;
No. 2012/240 |
| 在线阅读: | Full text available on IMF |