Currency areas and equilibrium

被引：8

作者：

Cesarano, F

机构：

[1] Banca d'Italia,

来源：

OPEN ECONOMIES REVIEW | 1997年 / 8卷 / 01期

关键词：

optimum currency areas; monetary union;

D O I：

10.1023/A:1008237132665

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The standard approach to optimum currency areas clashes with both modern monetary theory and empirical evidence. The present paper sets forth an equilibrium hypothesis that views the national border as the analogue of a policy measure impinging on agents' optimizing behavior.

引用

页码：51 / 59

页数：9

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