Robert Schuman Centre for Advanced Studies (RSCAS)
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Browsing Robert Schuman Centre for Advanced Studies (RSCAS) by Subject
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Browsing Robert Schuman Centre for Advanced Studies (RSCAS) by Subject "New Open Economy Macroeconomics"
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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 ...