Price impacts of non-adoption of the Euro for small European countries /

Debates surrounding the adoption of a common currency have focused on its benefits weighed against the long-term costs of losing monetary independence. These debates have assumed that the penalty for not adopting a common currency is the maintenance of the status quo. This paper uses the Sjaastad mo...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Yelten, Sibel (Autor), Anderson, Harald (Harald Jens) (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, Research Dept., ©2006.
Colección:IMF working paper ; WP/06/151.
Temas:
Monetary policy > Europe.
Foreign exchange rates > Europe.
Monetary unions > Europe > Econometric models.
Currency question > Europe > Econometric models.
Unions monétaires > Europe > Modèles économétriques.
Politique monétaire > Europe > Modèles économétriques.
Question monétaire > Europe > Modèles économétriques.
Politique monétaire > Europe.
Taux de change > Europe.
Monetary unions > Econometric models
Currency question > Econometric models
Foreign exchange rates
Monetary policy
Europe
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Contents
  • I. INTRODUCTION
  • II. OPTIMAL CURRENCY AREA LITERATURE BEFORE 1999
  • III. ESTIMATION METHOD FOR SJAASTAD MODEL
  • IV. DATA
  • V. ESTIMATION RESULTS
  • VI. EUROPEAN ECONOMIES BEFORE AND AFTER THE INTRODUCTION OF THE EURO, AND THE BAYOUMI- EICHENGREEN MODEL
  • VII. CONCLUSIONS
  • References

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