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Title:Currency Unions, Optimal Currency Areas and the Integration of Financial Markets: Central Europe from the Fourteenth to the Sixteenth Centuries Author(s):BOERNER, Lars; VOLCKART, OliverDate:2008Type:Working PaperSeries/Number:EUI MWP; 2008/42Abstract:This paper employs a new method and dataset to estimate the effect of currency unions on the integration of financial markets in late medieval Central Europe. The analysis reveals that membership of a union strongly and ...