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Title:Membership of EMU : a fuzzy clustering analysis of alternative criteria Author(s):ARTIS, Michael J.; ZHANG, WendaDate:1998Type:Working PaperSeries/Number:EUI RSC; 1998/52Abstract:This paper examines the readiness for EMU of the EU countries, using techniques of "fuzzy clustering" to ascertain the "degree of belongingness" of each country, either to a core group of EMU-ready countries or to some ...
Title:Core and periphery in EMU : a cluster analysis Author(s):ARTIS, Michael J.; ZHANG, WendaDate:1998Type:Working PaperSeries/Number:EUI RSC; 1998/37Abstract:The paper looks for inhomogeneities in the actual and prospective membership of the EMU by applying techniques of hard partitioning (cluster analysis) to a set of variables suggested by the theory of Optimal Currency Areas. ...