A Currency Union Between Australia and New Zealand?
This paper examines the case for a monetary union, involving a common currency and a common central bank, between Australia and New Zealand. It gives a statistical profile of features of the economies that are relevant to the economic debate. The analysis follows a neo-Mundellian framework that separates the macroeconomic effects from the microeconomic effects. It examines the effects on individual goods, financial and foreign exchange markets, and discusses public choice issues. In the absence of research on the magnitude of the microeconomic gains and on the effects of a monetary union on the Australian economy, we do not advocate a monetary union at the present time.
Volume (Year): (2006)
Issue (Month): 107 ()
|Contact details of provider:|| Postal: |
Phone: 33 01 53 68 55 00
Fax: 33 01 53 68 55 01
Web page: http://www.cepii.fr
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:cii:cepiei:2006-3tg. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.