Self-Validating Optimum Currency Areas
收藏NBER2002-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w8783
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资源简介：
In this paper we show that a currency area can be a self-validating optimal policy regime, even when monetary unification does not foster real economic integration and intra-industry trade. This is because profit-maximizing producers in a currency area adopt endogenous pricing strategies that make
提供机构：
美国国家经济研究局
创建时间：
2002-02-01
