• Title of article

    Currency unions and the real exchange rate

  • Author/Authors

    Michele Caʹ Zorzi، نويسنده , , Roberto A. De Santis، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2004
  • Pages
    5
  • From page
    23
  • To page
    27
  • Abstract
    When the transmission mechanisms are different across member states, real exchange rate shocks affect currency unionsʹ aggregate inflation, output and welfare. At the regional level, the impact of real exchange rate movements is larger in smaller countries
  • Keywords
    Monetary union , Real exchange rate
  • Journal title
    Economics Letters
  • Serial Year
    2004
  • Journal title
    Economics Letters
  • Record number

    435507

    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=10&DC=435507