haku: @author Bayoumi, T. / yhteensä: 12
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| Tekijä: | Bayoumi, T. |
| Otsikko: | A formal model of optimum currency areas |
| Lehti: | Staff Papers
1994 : DEC, VOL. 41:4, p. 537-554 |
| Asiasana: | CURRENCY CAPITAL GOODS EXCHANGE RATES |
| Kieli: | eng |
| Tiivistelmä: | The paper presents a model of optimum currency areas using a general equilibrium approach with regionally differentiated goods. The choice of a currency union depends upon the size of the underlying disturbances, the correlation between these disturbances, the costs of transactions across currencies, factor mobility across regions, and the interrelationships between demand for different goods. |
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