Aftershocks of Monetary Unification

Hysteresis with a Financial Twist

Aftershocks of Monetary Unification
Once upon a time, in the 1990s, it was widely agreed that neither Europe nor the United States was an optimum currency area, although moderating this concern was the finding that it was possible to distinguish a regional core and periphery (Bayoumi and Eichengreen, 1993). Revisiting these issues, we find that the United States is remains closer... READ MORE...

Publication date: March 2017
ISBN 9781475586220
$18.00

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