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Trade Effects of Currency Unions.

This paper provides a general equilibrium analysis of the trade effects of the formation of a currency union, and of its subsequent enlargement to include an economically dissimilar country. Furthermore, it investigates how economic dissimilarities among countries affect the magnitude of the trade e...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Albertin, Giorgia
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington : International Monetary Fund, 2008.
Colección:IMF Working Papers.
Temas:
Acceso en línea:Texto completo

MARC

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245 1 0 |a Trade Effects of Currency Unions. 
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505 0 |a I. Introduction; II. The Basic Model; III. The Initial Equilibrium; IV. The Formation of a Currency Union; A. The General Equilibrium Effect on the Relative Wage; B. The Effect on the Bilateral Patterns of Trade; V. The Enlargement of the Currency Union; A. The General Equilibrium Effect on the Relative Wage; B. The Effect on the Bilateral Patterns of Trade; VI. Do Economic dissimilarities Matter?; VII. Conclusions; Tables; 1. Simulations of the Gain in Bilateral Trade; Mathematical Appendix; A. Proof of Proposition 1; B. Proof of Proposition 2; C. Proof of Proposition 3. 
505 8 |a D. Proof of Proposition 4E. Proof of Proposition 5; F. Proof of Proposition 6; References. 
520 |a This paper provides a general equilibrium analysis of the trade effects of the formation of a currency union, and of its subsequent enlargement to include an economically dissimilar country. Furthermore, it investigates how economic dissimilarities among countries affect the magnitude of the trade effects fostered by a common currency. We show that sharing a common currency enhances the volume of bilateral trade among countries. However, the more economically dissimilar is an accession country, compared to the original members of a currency union, the smaller are the gains in trade that would. 
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650 0 |a Monetary unions  |x Econometric models. 
650 0 |a Currency question  |x Econometric models. 
650 0 |a Commerce  |x Econometric models. 
650 0 |a Equilibrium (Economics)  |x Econometric models. 
650 6 |a Unions monétaires  |x Modèles économétriques. 
650 6 |a Commerce  |x Modèles économétriques. 
650 7 |a Commerce  |x Econometric models  |2 fast 
650 7 |a Currency question  |x Econometric models  |2 fast 
650 7 |a Equilibrium (Economics)  |x Econometric models  |2 fast 
650 7 |a Monetary unions  |x Econometric models  |2 fast 
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830 0 |a IMF Working Papers. 
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