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The European Monetary Union in a Public Choice Perspective

Author

Listed:
  • Jennifer C. Martin-Das

Abstract

The future of European Monetary Union (EMU) stands as one of the most important economic issues of the era. The author argues that in the event of macroeconomic shocks, rather than acting as a cohesive force, EMU could give rise to disunity. As EMU is not an optimal currency area, asymmetric shocks affecting each country differently could be critical to its future.

Suggested Citation

  • Jennifer C. Martin-Das, 2002. "The European Monetary Union in a Public Choice Perspective," Books, Edward Elgar Publishing, number 2276.
    • Handle: RePEc:elg:eebook:2276
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    File URL: http://www.e-elgar.com/shop/isbn/9781840645613
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    Citations

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    Cited by:

    1. Elham Mafi-Kreft & Russell S. Sobel, 2006. "Does a Less Active Central Bank Lead to Greater Economic Stability? Evidence from the European Monetary Union," Cato Journal, Cato Journal, Cato Institute, vol. 26(1), pages 49-70, Winter.
    2. Naib ALAKBAROV & Utku UTKULU, 2020. "Asymmetries and Macroeconomic Shocks: The Pre-Crisis Period and Evidence for Europe," Sosyoekonomi Journal, Sosyoekonomi Society, issue 28(44).

    More about this item

    Keywords

    Economics and Finance; Politics and Public Policy;

    JEL classification:

    • H0 - Public Economics - - General

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