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The Endogeneity of the Optimum Currency Area Criteria, Intra-industry Trade, and EMU Enlargement

✍ Scribed by Jarko Fidrmuc


Book ID
111743536
Publisher
Oxford University Press
Year
2004
Tongue
English
Weight
133 KB
Volume
22
Category
Article
ISSN
1074-3529

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## Abstract Optimal Currency Area (OCA) theory offers criteria for evaluating the optimality of monetary union arrangements. This paper reviews the use that has been made of these criteria in the specific context of European Monetary Union. It reviews the use of business cycle synchronization data