A Theory of Optimum Currency Areas : Revisited /

Starting with Friedman and Mundell the academic literature has conducted a high level debate concerning the design of cross-country monetary arrangements. That debate has become very complex and the data requirements necessary for appropriate application of the principles developed are far beyond th...

Szczegółowa specyfikacja

Opis bibliograficzny
1. autor: Flood, Robert
Kolejni autorzy: Aizenman, Joshua
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 1992.
Seria:IMF Working Papers; Working Paper ; No. 1992/039
Dostęp online:Full text available on IMF
Opis
Streszczenie:Starting with Friedman and Mundell the academic literature has conducted a high level debate concerning the design of cross-country monetary arrangements. That debate has become very complex and the data requirements necessary for appropriate application of the principles developed are far beyond the means of the very nations for which the principles might be valuable. In this paper we return to the simplicity of the early arguments and formalize them in a way that may be helpful for currency area decisions where little is known about economic structure.
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Opis fizyczny:1 online resource (24 pages)
Format:Mode of access: Internet
ISSN:1018-5941
Ograniczenie dostępu:Electronic access restricted to authorized BRAC University faculty, staff and students