Is EMU more justifiable ex post than ex ante?

European Economic Review

Volumn 41, Issue 3-5, 1997, Pages 753-760

  Frankel, Jeffrey A ^a   Rose, Andrew K ^b  

^a UNIVERSITY OF CALIFORNIA   (United States)

^b UNIVERSITY OF CALIFORNIA   (United States)

Author keywords

Business cycle; Empirical; Endogenous; Integration; International; Trade

Indexed keywords

ECONOMIC INTEGRATION; EUROPEAN UNION; MONETARY UNION;

EUROPE, WEST;

EID: 0031421567     PISSN: 00142921     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0014-2921(97)00034-2     Document Type: Article

References (5)

1. Bayoumi, T. and B. Eichengreen, 1993, Shocking aspects of European monetary unification, in: F. Giavazzi and F. Torres, Eds., The transition to economic and monetary union in Europe (Cambridge University Press, New York).
2. Bayoumi, T. and B. Eichengreen, 1996, Optimum currency areas and exchange rate volatility: Theory and evidence compared, Mimeo.
3. Commission of the European Communities, 1990, One market, one money, European Economy 44, October.
4. Frankel, J.A. and A.K. Rose, 1996, The endogeneity of the optimum currency area criteria, NBER WP #5700.
5. Krugman, P., 1993, Lessons of Massachusetts for EMU, in: F. Giavazzi and F. Torres, Eds., The transition to economic and monetary union in Europe (Cambridge University Press, New York) 241-261.