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Divergent business cycles as an effect of a monetary union


  • Adam Koronowski



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Suggested Citation

  • Adam Koronowski, 2009. "Divergent business cycles as an effect of a monetary union," International Economics and Economic Policy, Springer, vol. 6(2), pages 103-113, July.
  • Handle: RePEc:kap:iecepo:v:6:y:2009:i:2:p:103-113 DOI: 10.1007/s10368-009-0138-z

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    References listed on IDEAS

    1. May Y Khamis, 1996. "Credit and Exchange Rate-Based Stabilization," IMF Working Papers 96/51, International Monetary Fund.
    2. Kiguel, Miguel A & Liviatan, Nissan, 1992. "The Business Cycle Associated.with Exchange Rate-Based Stabilizations," World Bank Economic Review, World Bank Group, vol. 6(2), pages 279-305, May.
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    Cited by:

    1. Praussello, Franco, 2012. "The Theory of Endogenous Optimum Currency Areas: A Critical Note - La teoria delle aree monetarie ottimali endogene: una nota critica," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 65(1), pages 83-95.
    2. Andrea Vaona, 2015. "The price-price Phillips curve in small open economies and monetary unions: theory and empirics," International Economics and Economic Policy, Springer, vol. 12(2), pages 281-307, June.

    More about this item


    Monetary union; Exchange rates; Business cycles; Monetary policy; F33; E32; F41; F31;

    JEL classification:

    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • F31 - International Economics - - International Finance - - - Foreign Exchange


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