Establishing a Monetary Union
收藏NBER1998-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w6791
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This paper explores the gains to monetary union. We consider a two-country overlapping generations model. Agents work when young and have random tastes over the composition (domestic vs. foreign goods) of old age consumption. In equilibrium, governments require that local currency be used for
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美国国家经济研究局创建时间：
1998-11-01
