Scotland’s Currency Options
Angus Armstrong () and
No 1302, Discussion Papers from Centre for Macroeconomics (CFM)
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
New Economics Papers: this item is included in nep-eec, nep-mac and nep-mon
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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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