On the Mark(s) Optimim Currency Areas in Germany

Atish Ghosh () and H.C. Wolf

Working Papers from New York University, Leonard N. Stern School of Business, Department of Economics

Abstract: In 1990, the Deutschemark replaced the Ost-Mark as the sole legal in East Germany. The choice of a common money - instead of a continuation of two separate monetary systems - reflected, in large measure, political rather than economic considerations. This sentiment was encapsulated in the popular demonstration slogan: "Either the DM comes to us , or we'll come to the DM".

Keywords: MONETARY POLICY; ECONOMIC INTEGRATION (search for similar items in EconPapers)
JEL-codes: C63 F31 F33 F36 (search for similar items in EconPapers)
Pages: 21 pages
Date: 1996
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Journal Article: On the mark(s): Optimum currency areas in Germany (1996)
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Persistent link: https://EconPapers.repec.org/RePEc:ste:nystbu:96-02

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