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The Euro and world inflation

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  • George Selgin
  • David VanHoose

Abstract

This paper uses a three-region framework to examine the effects of European currency unification on EMU and US inflation rates. It considers ways in which increased participation in the EMU might influence inflation choices in Europe and the United States. It also considers how alternative monetary policies and parameter values might influence the extent of participation in the EMU. Copyright 2007 , Oxford University Press.

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File URL: http://hdl.handle.net/10.1093/oep/gpl023
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Bibliographic Info

Article provided by Oxford University Press in its journal Oxford Economic Papers.

Volume (Year): 59 (2007)
Issue (Month): 2 (April)
Pages: 171-193

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Handle: RePEc:oup:oxecpp:v:59:y:2007:i:2:p:171-193

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