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The prospects for a Common European Currency : An Economic Assessment

Author

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  • Koustas, Z.

Abstract

The empirical methodology developed by King and Watson (1992) is employed to test for a vertical long-run Phillips curve amnong the EU countries, using quarterly data spanning the last thirty years.

Suggested Citation

  • Koustas, Z., 1996. "The prospects for a Common European Currency : An Economic Assessment," Papers 1996-06, York (Canada) - Department of Economics.
    • Handle: RePEc:fth:yorkca:1996-06
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    Keywords

    MONETARY POLICY;

    JEL classification:

    • E40 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - General
    • E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models

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