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One money, one market : a revised benchmark /

The introduction of the euro generated substantial interest in measuring the impact of currency unions (CUs) on trade flows. Rose's (2000) initial estimates suggested a tripling of trade and created a literature in search of "more reasonable" CU effects. A recent meta-analysis of this...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Eicher, Theo S. (Autor), Henn, Christian, 1978- (Autor)
Autor Corporativo: International Monetary Fund. Strategy, Policy, and Review Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund, ©2009.
Colección:IMF working paper ; WP/09/186.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • I. Introduction; II. Data; III. Empirical Implementation of the Gravity Model; IV. Multilateral Resistance and the Trade Effects of Currency Unions; V. Benchmark CU Trade Effects addressing Multilateral Resistance and Unobserved Bilateral Heterogeneity; VI. Sensitivity Analysis; VII. Conclusion; Tables; 1. Trade Effects of Currency Unions; 2. Sensitivity Analysis: Average Currency Union Effects on Trade; 3. Sensitivity Analysis: Trade Effects of Individual Currency Unions; Appendix Table; A1. Countries in Sample; A2. Membership and Observations for Currency Unions and Boards
  • A3. Membership in Preferential Trade AgreementsA4. Bilateral Preferential Trade Agreements; References