Economic Integration, Asymmetries and the Desirability of a Monetary Union

Martine Carré, Sandrine Levasseur and Franck Portier ()

Papiers d'Economie Mathématique et Applications from Université Panthéon-Sorbonne (Paris 1)

Abstract: Symmetry of shocks across countries is often considered as a necessary condition for a monetary union. We show that the measure of shocks symmetry does not reveal a deep parameter, and depends on economic integration. The more integrated economies are, the more aysmmetric are GDPs for a given set of sectoral shocks.

Keywords: ECONOMIC INTEGRATION; MONETARY UNION; INFORMATION (search for similar items in EconPapers)
JEL-codes: E3 F15 (search for similar items in EconPapers)
Pages: 7 pages
Date: 1996
References: Add references at CitEc
Citations: View citations in EconPapers (2)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: Economic Integration, Asymmetries and the Desirability of a Monetary Union (2000)
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:fth:pariem:96.54

Access Statistics for this paper

More papers in Papiers d'Economie Mathématique et Applications from Université Panthéon-Sorbonne (Paris 1) France; Universite de Paris I - Pantheon- Sorbonne, 12 Place de Pantheon-75005 Paris, France. Contact information at EDIRC.
Bibliographic data for series maintained by Thomas Krichel ().