Many Unions, One Estimate? Disaggregating the Currency Union Effect on Trade
Sign Up to like & getrecommendations! Published in 2023 at "Emerging Markets Finance and Trade"
DOI: 10.1080/1540496x.2023.2203808
Abstract: A large literature estimates the impact of currency unions on trade. Often ignored in these estimates are the dramatic differences in the characteristics of countries adopting common currencies, hidden by aggregation into a single currency… read more here.
Keywords: currency unions; union effect; currency; currency union ... See more keywords
Exchange Rate Regimes in the ASEAN: Would a Currency Union Outperform the Independent Managed Floating Regimes?
Sign Up to like & getrecommendations! Published in 2021 at "Journal of Economic Integration"
DOI: 10.11130/jei.2021.36.1.72
Abstract: This paper compares the macroeconomic and welfare performances of the currency union against those from the independent managed floating regime using a two open-country DSGE model with the foreign currency denomination of private debt. The… read more here.
Keywords: currency; managed floating; floating regimes; independent managed ... See more keywords