Stabilizing Valences of an Optimum Monetary Zone in a Resilient Economy—Approaches and Limitations
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DOI: 10.3390/su9061051
Abstract: Following De Grauwe (2016), this research advances the idea according to which economies that are part of a monetary union issue debt in a medium of exchange they cannot control: financial markets develop the capacity… read more here.
Keywords: stabilizing valences; valences optimum; asymmetric shocks; monetary union ... See more keywords