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Punts, Pounds and Euros: In Search of an Optimum Currency Area

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Author Info

  • Neary, J.P.
  • Thom, D.R.

Abstract

On the basis of currency available information it seems reasonable to assume that European Monetary Union (EMU) will become a reality in the early years of the next century and that at least two of the EU's larger economies, Germany and France, will be participants. Unfortunately the same information set does not permit us to make any reasonable forecast of whether the UK will participate or not. This paper is concerned with the implications of Irish membership in a scenario which excludes its most important trading partner.

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Bibliographic Info

Paper provided by College Dublin, Department of Political Economy- in its series Papers with number 96/24.

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Length: 15 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:fth:dublec:96/24

Contact details of provider:
Postal: Ireland; University College Dublin, Department of Political Economy, Centre for Economic Research, Belfield, Dublin 4
Phone: +353-1-7067777
Fax: +353-1-283 0068
Web page: http://www.ucd.ie/economics/
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Related research

Keywords: FINANCIAL POLICY; MONETARY AREAS;

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Cited by:
  1. Rodney Thom & Brendan Walsh, 2001. "The Effect of a Common Currency on Trade - Ireland before and after the Sterling Link," Working Papers 200110, School Of Economics, University College Dublin.
  2. J. Peter Neary, 2006. "Measuring Competitiveness," The Economic and Social Review, Economic and Social Studies, vol. 37(2), pages 197-213.
  3. Kelly, John, 2003. "The Irish Pound: From Origins to EMU," Quarterly Bulletin Articles, Central Bank of Ireland, pages 89-115, March.

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