Deciding to enter a monetary union : the role of trade and financial linkages /
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...
Call Number: | Libro Electrónico |
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Format: | Electronic eBook |
Language: | Inglés |
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[Washington, D.C.] :
International Monetary Fund,
©2012.
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Series: | IMF working paper ;
WP/12/240. |
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Online Access: | Texto completo |