Les pays de la zone euro sont-ils suffisamment homogènes pour partager la même monnaie ?

Virginie Coudert, Cécile Couharde (), Carl Grekou and Valérie Mignon ()

Revue d'économie financière, 2022, vol. N° 145, issue 1, 49-64

Abstract: This paper assesses heterogeneity between member countries of the eurozone, and its evolution over time, by measuring their disparities in terms of equilibrium exchange rate paths. Relying on cluster and factor analyses, we highlight the existence of two groups of countries before the launch of the euro; Greece between identified as an outlier. Extending the period under study, our findings suggest that the configuration of the euro area has become more fragmented since the launch of the single currency as dissimilarities across and within groups of countries have increased. JEL Classification: C38, E5, F33, F45

JEL-codes: C38 E5 F33 F45 (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.cairn.info/load_pdf.php?ID_ARTICLE=ECOFI_145_0049 (application/pdf)
http://www.cairn.info/revue-d-economie-financiere-2022-1-page-49.htm (text/html)
restricted

Related works:
Working Paper: Les pays de la zone euro sont-ils suffisamment homogènes pour partager la même monnaie ? (2022)
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:cai:refaef:ecofi_145_0049

Access Statistics for this article

More articles in Revue d'économie financière from Association d'économie financière
Bibliographic data for series maintained by Jean-Baptiste de Vathaire ().