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Economic Structure and the Decision to Adopt a Common Currency

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Abstract

In this paper we spell out the advantages and disadvantages of fixing the exchange rate, with particular attention to the relationship between the pattern of economic disturbances and the exchange rate regime.

Suggested Citation

  • Frankel, J-A & Rose, A-K, 1996. "Economic Structure and the Decision to Adopt a Common Currency," Papers 611, Stockholm - International Economic Studies.
    • Handle: RePEc:fth:stocin:611
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    More about this item

    Keywords

    CURRENCIES ; EXCHANGE RATE ; EUROPE;
    All these keywords.

    JEL classification:

    • F31 - International Economics - - International Finance - - - Foreign Exchange

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