On the feasibility of a monetary union i
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Terence D. Agbeyegbe
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Article
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2008
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John Wiley and Sons
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English
โ 130 KB
## Abstract This paper investigates the feasibility of a monetary union in Southern Africa Development Community (SADC) by looking at evidence of nominal exchange rate and inflation convergence. Using a methodology based on estimating timeโvarying parameters, the evidence suggests nonโconvergence.