Punts, Pounds and Euros: In Search of an Optimum Currency Area

J. Peter Neary and Rodney Thom

Working Papers from College Dublin, Department of Political Economy-

Abstract: 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.

Keywords: FINANCIAL POLICY; MONETARY AREAS (search for similar items in EconPapers)
JEL-codes: E42 F30 F33 (search for similar items in EconPapers)
Pages: 15 pages
Date: 1996
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:fth:dublec:96/24

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