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| Author: | Bergman, U. M. |
| Title: | Do monetary unions make economic sense? Evidence from the Scandinavian Currency Union, 1873-1913 |
| Journal: | Scandinavian Journal of Economics
1999 : VOL. 101:3, p. 363-377 |
| Index terms: | MONETARY SYSTEM SCANDINAVIA COINTEGRATION |
| Language: | eng |
| Abstract: | This paper examines propositions as to what constitutes a successful single currency area by looking at the Scandinavian Currency Union. The paer studies the symmetry of country-specific structural shocks in tyhe countries. It is found that country-specific shocks are not highly symmetric. |
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