Optimum currency area in Europe: An alternative assessment

Economics Letters

Volumn 81, Issue 3, 2003, Pages 297-304

  Kim, Yoonbai ^a,b   Chow, Hwee Kwan ^c  

^a UNIVERSITY OF KENTUCKY   (United States)

^b NATIONAL UNIVERSITY OF SINGAPORE   (Singapore)

^c Monetary Authority of Singapore   (Singapore)

Author keywords

Alternative index; EMU participation; Optimum currency area; Regional shocks vs. Country specific shocks

Indexed keywords

EID: 0242371079     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0165-1765(03)00196-4     Document Type: Article

References (7)

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2. Bayoumi T. Eichengreen B. One money or many? Analyzing the prospects for monetary unification in various parts of the world Princeton Studies in International Finance 76 1994
3. Bayoumi T. Eichengreen B. Ever closer to heaven? An optimum-currency-area index for European countries European Economic Review 41 3-5 1997 761-770
4. Chow H.K. Kim Y. 2003 A common currency peg in East Asia? Perspectives from Western Europe. Journal of Macroeconomics (in press).
5. Kenen P. In: Mundell R. Swoboda A. (Eds.), The Theory of Optimum Currency Area: An Eclectic View. in Monetary Problems in the International Economy 1969 University of Chicago Press Chicago
6. McKinnon R.I. Optimum currency areas American Economic Review 53 4 1963 717-724
7. Mundell R. A theory of optimum currency areas American Economic Review 51 4 1961 657-665