المستودع الأكاديمي جامعة المدينة

Trade effects of monetary integration in large, mature economies : a primer on the European Monetary Union

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dc.creator Vinhas de Souza, Lúcio
dc.date 2002
dc.date.accessioned 2013-10-16T06:56:25Z
dc.date.available 2013-10-16T06:56:25Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/17696
dc.identifier ppn:359593836
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/17696
dc.description The aim of this paper is to estimate the trade gains arising from the constitution ofa currency union for a set of economically large, developed nations who create a monetary union as a deliberate economic policy action: namely, for the members of the euro area. With a 1980-2001 sample, no consistent significant trade effects from the 1999 creation of EMU are found, using dummies for the 1999-2001 period. Treating EMU not as a single event but as a part of a long-term integration process, and representing it by a series of continuous cross-country interest differentials, the evidence seems to be stronger, but it does not seem to be conditional on any single, specific exchange rate arrangement.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kieler Arbeitspapiere 1137
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject ddc:330
dc.subject Currency Unions
dc.subject EU
dc.subject EMU
dc.subject panel model
dc.subject gravity equation
dc.subject Europäische Wirtschafts- und Währungsunion
dc.subject Wirtschaftsintegration
dc.subject Außenhandelseffekt
dc.subject Gravitationsmodell
dc.subject Schätzung
dc.subject EU-Staaten
dc.title Trade effects of monetary integration in large, mature economies : a primer on the European Monetary Union
dc.type doc-type:workingPaper


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