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|
|Contact details of provider:|| Postal: Ireland; University College Dublin, Department of Political Economy, Centre for Economic Research, Belfield, Dublin 4|
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- Frankel, Jeffrey A & Rose, Andrew K, 1998.
"The Endogeneity of the Optimum Currency Area Criteria,"
Royal Economic Society, vol. 108(449), pages 1009-1025, July.
- 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.
- 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.
- McKinnon, Ronald I, 1997. "EMU as a Device for Collective Fiscal Retrenchment," American Economic Review, American Economic Association, vol. 87(2), pages 227-229, May.
- John Curtis & John FitzGerald, 1994. "Convergence in an Open Labour Market," Papers WP045, Economic and Social Research Institute (ESRI).
- Rodney Thom, 1995. "Irish exchange rate policy under wide ERM bands," Working Papers 199515, School of Economics, University College Dublin.
- Thom, R., 1995. ""Irish Exchange Rate Policy Under Wide ERM Bands"," Papers 95/15, College Dublin, Department of Political Economy-. Full references (including those not matched with items on IDEAS)