Scotland’s Currency Options

Angus Armstrong () and Monique Ebell

No 1302, Discussion Papers from Centre for Macroeconomics (CFM)

Abstract: The objective of this paper is to consider which currency option would be best for an independent Scotland. We examine three currency options: being part of a sterling currency union, adopting the euro, or having an independent currency. No currency option is the best when considered against all criteria. Therefore, making the decision requires deciding which criteria are most important.

Keywords: monetary; policy (search for similar items in EconPapers)
JEL-codes: E52 (search for similar items in EconPapers)
Pages: 47 pages
Date: 2013-10
New Economics Papers: this item is included in nep-eec, nep-mac and nep-mon
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Citations: View citations in EconPapers (4)

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Related works:
Working Paper: Scotland's currency options (2013)
Working Paper: Scotland’s Currency Options (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:cfm:wpaper:1302

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