Price Impacts of Non-Adoption of the Euro for Small European Countries

Price Impacts of Non-Adoption of the Euro for Small European Countries
Debates surrounding the adoption of a common currency have focused on its benefits weighed against the long-term costs of losing monetary independence. These debates have assumed that the penalty for not adopting a common currency is the maintenance of the status quo. This paper uses the Sjaastad model to analyze the price-making power of major... READ MORE...

Publication date: June 2006
ISBN 9781451864113
$15.00

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