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Optimal Path into the EMU: Big Bang or Gradualism?


  • Jan Fidrmuc
  • Karl Aiginger
  • Gernot Hutschenreiter



This paper surveys the literature on economic benefits and costs of adopting the euro by the countries that will be included in the next round of EU enlargement. The emphasis is on the implications of a common currency as identified by the theory of optimum currency areas ...

Suggested Citation

  • Jan Fidrmuc & Karl Aiginger & Gernot Hutschenreiter, 2003. "Optimal Path into the EMU: Big Bang or Gradualism?," WIFO Studies, WIFO, number 24927.
  • Handle: RePEc:wfo:wstudy:24927

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