Optimum currency area theory: A selective review

Julius Horvath

Macroeconomics from University Library of Munich, Germany

Abstract: The first part of this paper is a review of significant papers in the vast literature on optimum currency area (OCA) theory. The author focuses on the main classical contributions, then considers modern treatment of OCA theory. The second part considers empirical literature on the types of geographical areas that might constitute optimum currency areas, particularly with respect to asymmetry and symmetry of shocks.

JEL-codes: E42 F33 (search for similar items in EconPapers)
Pages: 42 pages
Date: 2004-01-30
New Economics Papers: this item is included in nep-his, nep-hpe, nep-ifn and nep-mon
Note: Type of Document - pdf; pages: 42; figures: included
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (15)

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Related works:
Working Paper: Optimum currency area theory: A selective review (2003)
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpma:0401014

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