Deciding to Enter a Monetary Union.
This paper evaluates the role of trade and financial linkages in the decision to enter a monetary union. We estimate a two-country DSGE model for the U.K. economy and the euro area, and use the model to compute the welfare trade-offs from joining the euro. We evaluate two alternative scenarios. In t...
Cote: | Libro Electrónico |
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Auteur principal: | |
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Format: | Électronique eBook |
Langue: | Inglés |
Publié: |
Washington :
International Monetary Fund,
2012.
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Collection: | IMF Working Papers.
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Sujets: | |
Accès en ligne: | Texto completo |