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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
Tabla de Contenidos:
  • 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.
  • D. Proof of Proposition 4E. Proof of Proposition 5; F. Proof of Proposition 6; References.