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Optimum currency areas and asymmetric shocks

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  • Apostolov, Mico

Abstract

Optimum currency areas and asymmetric shocks Comparison of two studies: • Krugman Paul (1993) "Lessons from Massachusetts for EMU" in Torres, F. & Giavazzi, F. (Editors) Adjustment and Growth in the European Monetary Union London: CEPR and Cambridge University Press. and • Frankel Jeffrey and Rose Andrew (1996) "The Endogeneity of Optimum Currency Areas" CEPR discussion paper 1473, NBER Working Paper 5700

Suggested Citation

  • Apostolov, Mico, 2006. "Optimum currency areas and asymmetric shocks," MPRA Paper 6521, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:6521
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    JEL classification:

    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration

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