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Miksi eurosta kannattaa erota
[Why Finland should abandon the euro]

Author

Listed:
  • Berghäll, Pii Elina

Abstract

In the paper in Finnish, I briefly reason why Finland should abandon the euro based on economic theory, policy and practice. I discuss the options to exchange rate realignment of internal and fiscal devaluation as well as the implications of currency flotation.

Suggested Citation

  • Berghäll, Pii Elina, 2013. "Miksi eurosta kannattaa erota [Why Finland should abandon the euro]," MPRA Paper 68830, University Library of Munich, Germany, revised 15 Jan 2016.
    • Handle: RePEc:pra:mprapa:68830
    as

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    File URL: https://mpra.ub.uni-muenchen.de/68830/8/MPRA_paper_68830.pdf
    File Function: original version
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    File URL: https://mpra.ub.uni-muenchen.de/74789/1/MPRA_paper_74789.pdf
    File Function: revised version
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    References listed on IDEAS

    as
    1. Philipp Engler & Giovanni Ganelli & Juha Tervala & Simon Voigts, 2017. "Fiscal Devaluation in a Monetary Union," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 65(2), pages 241-272, June.
    2. Uribe, Martín & Schmitt-Grohé, Stephanie, 2011. "Pegs and Pain," CEPR Discussion Papers 8275, C.E.P.R. Discussion Papers.
    3. Criscuolo, Chiara & Martin, Ralf & Overman, Henry & Van Reenen, John, 2012. "The Causal Effects of an Industrial Policy," IZA Discussion Papers 6323, Institute of Labor Economics (IZA).
    4. Pii Elina Berghäll, 2012. "R&D vs. Other Factor Inputs in a High-Tech Industry," Industry and Innovation, Taylor & Francis Journals, vol. 19(2), pages 127-153, February.
    5. Herrmann, Sabine & Jochem, Axel, 2013. "Current account adjustment in EU countries: Does euro-area membership make a difference?," Discussion Papers 49/2013, Deutsche Bundesbank.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    euro; internal; fiscal; devaluation; floatation; unemployment; wages; taxes; competitiveness; subsidies;
    All these keywords.

    JEL classification:

    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • F45 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Macroeconomic Issues of Monetary Unions

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