The shrinking endogeneity of optimum currency areas criteria: Evidence from the European Monetary Union-A beta regression approach

被引：4

作者：

Mendonca, Antonio ^{[1
]}

Silvestre, Joao ^{[1
]}

Passos, Jose ^{[1
]}

机构：

[1] Univ Tecn Lisboa, Inst Super Econ & Gestao, P-1200781 Lisbon, Portugal

来源：

ECONOMICS LETTERS | 2011年 / 113卷 / 01期

关键词：

European Monetary Union (EMU); Business cycle correlation; Optimum currency areas; Beta regression;

D O I：

10.1016/j.econlet.2011.05.007

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The endogeneity of optimum currency area criteria has been widely studied. Literature suggests the existence of a positive relationship between trade intensity and business cycle correlation. Using a beta regression model for the Eurozone we have concluded that trade has a decreasing marginal effect on business cycle correlation. (C) 2011 Elsevier B.V. All rights reserved.

引用

页码：65 / 69

页数：5

共 4 条

[1] The Endogeneity of Optimum Currency Areas Criteria: Some Evidence from the European Union and Portugal
Silvestre, Joao
Mendonca, Antonio
[J]. INTERNATIONAL ADVANCES IN ECONOMIC RESEARCH, 2007, 13 (01) : 1 - 18
[2] The endogeneity of optimum currency area criteria - lessons from history for European monetary union
Mann-Quirici, Francois
[J]. JOURNAL OF ECONOMIC STUDIES, 2005, 32 (05) : 387 - +
[3] The endogeneity of optimum currency area criteria in the context of financial crisis: Evidence from the time-frequency domain analysis
Kapounek, Svatopluk
Pomenkova, Jitka
[J]. AGRICULTURAL ECONOMICS-ZEMEDELSKA EKONOMIKA, 2013, 59 (09): : 389 - 395
[4] The theory of Optimum Currency Areas in the light of EMU: A critical survey of the insights drawn from a decade of economic and monetary union in Europe
Senegas, Marc-Alexandre
[J]. REVUE D ECONOMIE POLITIQUE, 2010, 120 (02): : 379 - 419

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