Browsing by Subject "Optimum Currency Area"

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Title: Optimal Currency Area Revisited Author(s): MERSCH, Yves Date: 2011 Type of Publication: Other Series/Report no.: EUI RSCAS DL Abstract: Several euro area member states are under increased market scrutiny although public finances in the euro area as a bloc are in a much better shape than in the US or Japan. The main reason is that the euro area is an alliance ...
Title: A Modern Reconsideration of the Theory of Optimal Currency Areas Author(s): CORSETTI, Giancarlo Date: 2008 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: What can be learnt from revisiting the Optimal Currency Areas (OCA) theory 50 years from its birth, in light of recent advances in open economy macro and monetary theory? This paper presents a stylized micro-founded model ...
Title: EMU and Accession Countries: Fuzzy Cluster Analysis of Membership Author(s): BOREIKO, Dmitri Date: 2003 Type of Publication: Article Abstract: This paper estimates the readiness of the accession countries of Central and Eastern Europe for EMU or unilateral euroization using a fuzzy clustering algorithm. The variables to which the algorithm is applied are suggested ...

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