Punts, Pounds and Euros: In Search of an Optimum Currency Area
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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|Date of creation:||1996|
|Date of revision:|
|Contact details of provider:|| Postal: Ireland; University College Dublin, Department of Political Economy, Centre for Economic Research, Belfield, Dublin 4|
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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Rodney Thom, 1995. "Irish exchange rate policy under wide ERM bands," Working Papers 199515, School of Economics, University College Dublin.
- Frankel, Jeffrey A & Rose, Andrew K, 1998.
"The Endogeneity of the Optimum Currency Area Criteria,"
Royal Economic Society, vol. 108(449), pages 1009-25, July.
- Frankel, Jeffrey A & Rose, Andrew K, 1996. "The Endogeneity of the Optimum Currency Area Criteria," CEPR Discussion Papers 1473, C.E.P.R. Discussion Papers.
- Jeffrey A. Frankel & Andrew K. Rose, 1996. "The Endogeneity of the Optimum Currency Area Criteria," NBER Working Papers 5700, National Bureau of Economic Research, Inc.
- John Curtis & John FitzGerald, 1994. "Convergence in an Open Labour Market," Papers WP045, Economic and Social Research Institute (ESRI).
- Thom, R., 1995. ""Irish Exchange Rate Policy Under Wide ERM Bands"," Papers 95/15, College Dublin, Department of Political Economy-.
- McKinnon, Ronald I, 1997. "EMU as a Device for Collective Fiscal Retrenchment," American Economic Review, American Economic Association, vol. 87(2), pages 227-29, May.
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