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Browsing by Subject "Optimum Currency Area"
Now showing items 1-3 of 3
Title:Optimal Currency Area Revisited
Author(s):MERSCH, YvesDate:2011Type of Publication:OtherSeries/Report no.:EUI RSCAS DLAbstract: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, GiancarloDate:2008Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract: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, DmitriDate:2003Type of Publication:ArticleAbstract: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 ...