메뉴 건너뛰기




Volumn 27, Issue 2, 2008, Pages 169-187

EMU enlargement, stabilization costs and insurance mechanisms

Author keywords

EMU; Insurance mechanisms; Optimum currency areas; Stabilization costs

Indexed keywords


EID: 40649097716     PISSN: 02615606     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jimonfin.2007.12.010     Document Type: Article
Times cited : (62)

References (34)
  • 4
    • 40649084916 scopus 로고    scopus 로고
    • Alesina, A., Barro, R., Tenreyro, S., 2002. Optimal currency areas. NBER working papers, 9072.
    • Alesina, A., Barro, R., Tenreyro, S., 2002. Optimal currency areas. NBER working papers, 9072.
  • 5
    • 40649123378 scopus 로고    scopus 로고
    • Angeloni, I., Dedola, L., 1999. From the ERM to the Euro: new evidence on economic and policy convergence among EU countries. European Central Bank working paper 4.
    • Angeloni, I., Dedola, L., 1999. From the ERM to the Euro: new evidence on economic and policy convergence among EU countries. European Central Bank working paper 4.
  • 6
    • 40649123632 scopus 로고    scopus 로고
    • Arreaza, M., Sorensen, B., Yosha, O., 1998. Consumption smoothing through fiscal policy in OECD and EU countries. NBER working papers 6372.
    • Arreaza, M., Sorensen, B., Yosha, O., 1998. Consumption smoothing through fiscal policy in OECD and EU countries. NBER working papers 6372.
  • 7
    • 0031391197 scopus 로고    scopus 로고
    • International business cycles and the ERM: is there a European business cycle
    • Artis M., and Zhang W. International business cycles and the ERM: is there a European business cycle. International Journal of Finance and Economics 2 1 (1997) 1-16
    • (1997) International Journal of Finance and Economics , vol.2 , Issue.1 , pp. 1-16
    • Artis, M.1    Zhang, W.2
  • 8
  • 9
    • 49049128000 scopus 로고
    • Rules, discretion and reputation in a model of monetary policy
    • Barro R., and Gordon D. Rules, discretion and reputation in a model of monetary policy. Journal of Monetary Economics 12 (1983) 101-122
    • (1983) Journal of Monetary Economics , vol.12 , pp. 101-122
    • Barro, R.1    Gordon, D.2
  • 10
    • 0037596892 scopus 로고    scopus 로고
    • Measuring business cycles: approximate band-pass filters for economic time series
    • Baxter M., and King R. Measuring business cycles: approximate band-pass filters for economic time series. Review of Economics and Statistics 81 4 (1999) 575-593
    • (1999) Review of Economics and Statistics , vol.81 , Issue.4 , pp. 575-593
    • Baxter, M.1    King, R.2
  • 11
    • 0002513188 scopus 로고    scopus 로고
    • Currency unions, economic fluctuations, and adjustment: some new empirical evidence
    • Bayoumi T., and Prasad E. Currency unions, economic fluctuations, and adjustment: some new empirical evidence. IMF Staff Papers 44 1 (1997) 36-57
    • (1997) IMF Staff Papers , vol.44 , Issue.1 , pp. 36-57
    • Bayoumi, T.1    Prasad, E.2
  • 13
    • 40649109177 scopus 로고    scopus 로고
    • Corsetti, G., Pesenti, P., 2002. Self-validating optimum currency areas. NBER working papers, 8783.
    • Corsetti, G., Pesenti, P., 2002. Self-validating optimum currency areas. NBER working papers, 8783.
  • 14
    • 0031463895 scopus 로고    scopus 로고
    • EMU: countries or regions: lessons from the EMS experience
    • Fatás A. EMU: countries or regions: lessons from the EMS experience. European Economic Review 41 3-5 (1997) 743-751
    • (1997) European Economic Review , vol.41 , Issue.3-5 , pp. 743-751
    • Fatás, A.1
  • 15
    • 0142197986 scopus 로고    scopus 로고
    • The endogeneity of the optimum currency area criteria
    • Frankel J., and Rose A. The endogeneity of the optimum currency area criteria. Economic Journal 108 (1998) 1009-1025
    • (1998) Economic Journal , vol.108 , pp. 1009-1025
    • Frankel, J.1    Rose, A.2
  • 16
    • 40649127049 scopus 로고    scopus 로고
    • Furceri, D., Karras, G., Business cycle synchronization in the EMU. Applied Economics, in press.
    • Furceri, D., Karras, G., Business cycle synchronization in the EMU. Applied Economics, in press.
  • 18
    • 40649104840 scopus 로고    scopus 로고
    • von Hagen, J., 1998. Fiscal policy and intranational risksharing. CEPR discussion paper, 126.
    • von Hagen, J., 1998. Fiscal policy and intranational risksharing. CEPR discussion paper, 126.
  • 19
    • 0013204882 scopus 로고
    • Regional Insurance against Asymmetric Shocks: An Empirical study for the European community
    • Hammond J., and von Hagen J. Regional Insurance against Asymmetric Shocks: An Empirical study for the European community. Manchester School 66 (1995) 331-353
    • (1995) Manchester School , vol.66 , pp. 331-353
    • Hammond, J.1    von Hagen, J.2
  • 20
    • 40649096458 scopus 로고    scopus 로고
    • Hodrick, R., Prescott, E., 1980. Postwar U.S. business cycles: an empirical investigation. Discussion papers 451, Carnegie Mellon University.
    • Hodrick, R., Prescott, E., 1980. Postwar U.S. business cycles: an empirical investigation. Discussion papers 451, Carnegie Mellon University.
  • 21
    • 0142247868 scopus 로고    scopus 로고
    • Costs and benefits of dollarization: evidence from North, Central, and South America
    • Karras G. Costs and benefits of dollarization: evidence from North, Central, and South America. Journal of Economic Integration 17 3 (2002) 502-516
    • (2002) Journal of Economic Integration , vol.17 , Issue.3 , pp. 502-516
    • Karras, G.1
  • 22
    • 0002407807 scopus 로고
    • The theory of optimum currency area: an eclectic view
    • Mundell R., and Swoboda A. (Eds), University of Chicago Press, Chicago
    • Kenen R. The theory of optimum currency area: an eclectic view. In: Mundell R., and Swoboda A. (Eds). Monetary Problems of the International Economy (1969), University of Chicago Press, Chicago
    • (1969) Monetary Problems of the International Economy
    • Kenen, R.1
  • 23
    • 0000643498 scopus 로고
    • Rules rather than discretion: the inconsistency of optimal plans
    • Kydland F., and Prescott E. Rules rather than discretion: the inconsistency of optimal plans. Journal of Political Economy 85 (1977) 473-490
    • (1977) Journal of Political Economy , vol.85 , pp. 473-490
    • Kydland, F.1    Prescott, E.2
  • 24
    • 40649112453 scopus 로고    scopus 로고
    • Masson, P., Taylor, M., 1992. Common currency areas and currency unions: an analysis of the issues. CEPR discussion paper, 617.
    • Masson, P., Taylor, M., 1992. Common currency areas and currency unions: an analysis of the issues. CEPR discussion paper, 617.
  • 26
    • 0036837147 scopus 로고    scopus 로고
    • Regional Redistribution and stabilization by the Central Government in Canada, France, the UK and the US: a Reassessment and new Tests
    • Mélitz J., and Zumer F. Regional Redistribution and stabilization by the Central Government in Canada, France, the UK and the US: a Reassessment and new Tests. Journal of Public Economics 86 2 (2002) 263-286
    • (2002) Journal of Public Economics , vol.86 , Issue.2 , pp. 263-286
    • Mélitz, J.1    Zumer, F.2
  • 27
    • 0001260761 scopus 로고
    • A theory of optimum currency areas
    • Mundell R. A theory of optimum currency areas. American Economic Review 82 (1961) 942-963
    • (1961) American Economic Review , vol.82 , pp. 942-963
    • Mundell, R.1
  • 28
    • 0031853766 scopus 로고    scopus 로고
    • Regional non-adjustment and fiscal policy
    • Obstfeld M., and Peri G. Regional non-adjustment and fiscal policy. Economic Policy April (1998) 207-259
    • (1998) Economic Policy , vol.April , pp. 207-259
    • Obstfeld, M.1    Peri, G.2
  • 29
    • 18744391055 scopus 로고    scopus 로고
    • On adjusting the Hodrick-Prescott filter for the frequency of observations
    • Ravn M., and Uhlig H. On adjusting the Hodrick-Prescott filter for the frequency of observations. Review of Economics and Statistics 84 2 (2002) 371-380
    • (2002) Review of Economics and Statistics , vol.84 , Issue.2 , pp. 371-380
    • Ravn, M.1    Uhlig, H.2
  • 30
    • 0036846925 scopus 로고    scopus 로고
    • Currency unions and international integration
    • Rose A., and Engel C. Currency unions and international integration. Journal of Money, Credit and Banking 34 (2002) 1067-1089
    • (2002) Journal of Money, Credit and Banking , vol.34 , pp. 1067-1089
    • Rose, A.1    Engel, C.2
  • 31
    • 21544484575 scopus 로고    scopus 로고
    • A meta analysis of the effect of common currencies on international trade
    • Rose A., and Stanley T. A meta analysis of the effect of common currencies on international trade. Journal of Economic Surveys 19 3 (2005) 347-365
    • (2005) Journal of Economic Surveys , vol.19 , Issue.3 , pp. 347-365
    • Rose, A.1    Stanley, T.2
  • 32
    • 40649098084 scopus 로고    scopus 로고
    • Sachs, J., Sala-i-Martin, X., 1991. Fiscal federalism and optimum currency areas: evidence for Europe from the US. NBER working paper, 3885.
    • Sachs, J., Sala-i-Martin, X., 1991. Fiscal federalism and optimum currency areas: evidence for Europe from the US. NBER working paper, 3885.
  • 33
    • 0031690519 scopus 로고    scopus 로고
    • International risk sharing and European monetary unification
    • Sorensen B., and Yosha O. International risk sharing and European monetary unification. Journal of International Economics 45 (1998) 211-238
    • (1998) Journal of International Economics , vol.45 , pp. 211-238
    • Sorensen, B.1    Yosha, O.2
  • 34
    • 77956750491 scopus 로고    scopus 로고
    • Business cycle fluctuations in U.S. macroeconomic time series
    • Taylor J., and Woodford M. (Eds), Elsevier
    • Stock J., and Watson M. Business cycle fluctuations in U.S. macroeconomic time series. In: Taylor J., and Woodford M. (Eds). Handbook of Macroeconomics vol. 1 (1999), Elsevier 3-64
    • (1999) Handbook of Macroeconomics , vol.1 , pp. 3-64
    • Stock, J.1    Watson, M.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.