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EMU: An Outsider's Perspective

Barry Eichengreen

Working Papers from College Dublin, Department of Political Economy-

Abstract: It is appropriate to conlude on a modest note. Economists really know little about the costs and benefits of monetary unification. We have trouble modelling the increase in economic efficiency associated with a single currency, and we disagree about value of an independent monetary policy.

Keywords: FINANCIAL POLICY; MONETARY AREAS (search for similar items in EconPapers)
JEL-codes: E40 E42 (search for similar items in EconPapers)
Pages: 30 pages
Date: 1996
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Citations: View citations in EconPapers (2)

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Working Paper: EMU: An Outsider's Perspective (1996) Downloads
Working Paper: EMU: An Outsider's Perspective (1996)
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