IDEAS home Printed from https://ideas.repec.org/a/sae/niesru/v164y1998i1p90-99.html
   My bibliography  Save this article

Estimated Stabilization Costs of the EMU

Author

Listed:
  • Ray C. Fair

Abstract

A multicountry econometric model and stochastic simulation are used to estimate the stabilization costs of the European Monetary Union (EMU). A measure of the variability of output and other variables is computed for the current regime and for the EMU regime. The results show that Germany is hurt the most in terms of increased output variability in moving from the current regime to the EMU regime.

Suggested Citation

  • Ray C. Fair, 1998. "Estimated Stabilization Costs of the EMU," National Institute Economic Review, National Institute of Economic and Social Research, vol. 164(1), pages 90-99, April.
    • Handle: RePEc:sae:niesru:v:164:y:1998:i:1:p:90-99
    as

    Download full text from publisher

    File URL: http://ner.sagepub.com/content/164/1/90.abstract
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Andrew Hughes Hallett, 2005. "Political Devolution without Fiscal Devolution," Vanderbilt University Department of Economics Working Papers 0505, Vanderbilt University Department of Economics.
    2. Hilary Metcalf, 2001. "Increasing inequality in Higher Education: the role of term-time working," National Institute of Economic and Social Research (NIESR) Discussion Papers 186, National Institute of Economic and Social Research.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:niesru:v:164:y:1998:i:1:p:90-99. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: https://edirc.repec.org/data/niesruk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.