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Will Asymmetric Shocks Pose a Serious Problem in EMU?

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    File URL: https://www.oenb.at/dam/jcr:33e7364d-3358-480b-a968-06c8893084be/wp23_tcm16-6087.pdf
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    Paper provided by Oesterreichische Nationalbank (Austrian Central Bank) in its series Working Papers with number 23.

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    Length: 95
    Date of creation: 25 Jun 1996
    Handle: RePEc:onb:oenbwp:23
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    1. Layard, Richard & Nickell, Stephen & Jackman, Richard, 1991. "Unemployment: Macroeconomic Performance and the Labour Market," OUP Catalogue, Oxford University Press, number 9780198284345, December.
    2. Erkel-Rousse, Hélène & Melitz, Jacques, 1995. "New Empirical Evidence on the Costs of European Monetary Union," CEPR Discussion Papers 1169, C.E.P.R. Discussion Papers.
    3. Melitz, Jacques, 1995. "The current impasse in research on optimum currency areas," European Economic Review, Elsevier, vol. 39(3-4), pages 492-500, April.
    4. Hochreiter, Eduard & Winckler, Georg, 1995. "The advantages of tying Austria's hands: The success of the hard currency strategy," European Journal of Political Economy, Elsevier, vol. 11(1), pages 83-111, March.
    5. André Sapir, 1992. "Regional integration in Europe," ULB Institutional Repository 2013/8200, ULB -- Universite Libre de Bruxelles.
    6. Tamim Bayoumi & Barry Eichengreen, 1992. "Shocking Aspects of European Monetary Unification," NBER Working Papers 3949, National Bureau of Economic Research, Inc.
    7. Bayoumi, Tamim & Prasad, Eswar, 1995. "Currency Unions, Economic Fluctuations and Adjustment: Some Empirical Evidence," CEPR Discussion Papers 1172, C.E.P.R. Discussion Papers.
    8. George S. Tavlas, 2009. "Optimum-Currency-Area Paradoxes," Review of International Economics, Wiley Blackwell, vol. 17(3), pages 536-551, 08.
    9. Alesina, Alberto & Gatti, Roberta, 1995. "Independent Central Banks: Low Inflation at No Cost?," American Economic Review, American Economic Association, vol. 85(2), pages 196-200, May.
    10. Bean, Charles R, 1992. "Economic and Monetary Union in Europe," CEPR Discussion Papers 722, C.E.P.R. Discussion Papers.
    11. repec:sae:niesru:v:152:y::i:1:p:76-96 is not listed on IDEAS
    12. Bayoumi, Tamim & Eichengreen, Barry, 1993. "One Money or Many? On Analyzing the Prospects for Monetary Unification in Various Parts of the World," Center for International and Development Economics Research (CIDER) Working Papers 233213, University of California-Berkeley, Department of Economics.
    13. repec:crs:wpaper:9516 is not listed on IDEAS
    14. Bofinger, Peter, 1994. "Is Europe an Optimum Currency Area?," CEPR Discussion Papers 915, C.E.P.R. Discussion Papers.
    15. Bayoumi, Tamim & Eichengreen, Barry, 1992. "Shocking Aspects of Monetary Unification," Department of Economics, Working Paper Series qt791143kp, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    16. Nunnenkamp, Peter, 1993. "Worüber die Wirtschaft klagt und wofür sie selbst verantwortlich ist: Unfähige Politik, unternehmerische Prinzipienlosigkeit und der Standort Bundesrepublik," Open Access Publications from Kiel Institute for the World Economy 1580, Kiel Institute for the World Economy (IfW).
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