The risks of European Monetary Union

被引：0

作者：

Isa, J ^{[1
]}

机构：

[1] Ustav Slovenskej & Svetovej Ekon SAV, Bratislava 81105, Slovakia

来源：

EKONOMICKY CASOPIS | 2005年 / 53卷 / 06期

关键词：

costs and benefits of EMU; hypothesis of the endogeneity of OCA criteria; symmetric and asymmetric shocks; asymmetric structure of EMU;

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This article presents the idea that euro area is an "immature" monetary union, which is far from optimum currency area. The "immaturity" of EMU which is associated with its heterogeneous asymmetric economic structure, can be deepened along with further enlargement of European Monetary Union. Single monetary policy does not satisfy various interests of all EMU members.

引用

页码：559 / 575

页数：17

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