An optimum-currency-area odyssey

The theory of optimum-currency-areas was conceived and developed in three highly influential papers, written by Mundell (1961), McKinnon (1963) and Kenen (1969). Those authors identified characteristics that potential members of a monetary union should ideally possess in order to make it feasible to...

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Veröffentlicht in:	Journal of international money and finance 2009-11, Vol.28 (7), p.1117-1137
Hauptverfasser:	Dellas, Harris, Tavlas, George S.
Format:	Artikel
Sprache:	eng
Schlagworte:	Currency Exchange rates Exchange-rate regimes Floating exchange rates Foreign exchange rates Friedman, Milton Historical analysis Keynesian theory Monetary economics Monetary policy Monetary unions New Keynesian models Optimal currency area Optimum-currency-areas Optimum-currency-areas Exchange-rate regimes New Keynesian models Studies
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