PRACTICAL INSIGHTS FROM OCA VARIABLE COMBINATIONS

Itir Ozer and Ibrahim Ozkan

Economic Annals, 2008, vol. 53, issue 176, 38-60

Abstract: This study aims to identify optimum currency areas (OCA) variables that distinguish certain Economic and Monetary Union (EMU) member countries from the other EMU members. In the previous studies, EMU members were identified in the light of criteria suggested by the OCA theory. In this study, in order to obtain additional insights, we analysed OCA variables and the performance of European countries with respect to these variables. Our analysis shows that some of the EMU member countries are dissimilar to the rest of the EMU members with respect to certain OCA criteria.

Keywords: optimum currency areas; fuzzy C-means clustering; EMU; HodrickPrescott filtering technique (search for similar items in EconPapers)
JEL-codes: C82 F15 (search for similar items in EconPapers)
Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.ekof.bg.ac.rs/wp-content/uploads/2014/06/176-1-2.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:beo:journl:v:53:y:2008:i:176:p:38-60

Ordering information: This journal article can be ordered from
http://ea.ekof.bg.ac.rs/

Access Statistics for this article

Economic Annals is currently edited by Will Bartlett

More articles in Economic Annals from Faculty of Economics and Business, University of Belgrade Contact information at EDIRC.
Bibliographic data for series maintained by Goran Petrić ().