Currency areas and equilibrium

被引：8
|
作者：
Cesarano, F
机构：
[1] Banca d'Italia,
来源：
OPEN ECONOMIES REVIEW | 1997年 / 8卷 / 01期
关键词：
optimum currency areas; monetary union;
D O I：
10.1023/A:1008237132665
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The standard approach to optimum currency areas clashes with both modern monetary theory and empirical evidence. The present paper sets forth an equilibrium hypothesis that views the national border as the analogue of a policy measure impinging on agents' optimizing behavior.
引用
收藏
页码：51 / 59
页数：9
相关论文
共 50 条
  • [1] Currency Areas and Equilibrium
    Filippo Cesarano
    [J]. Open Economies Review, 1997, 8 : 51 - 59
  • [2] The equilibrium approach to optlmum currency areas
    Cesarano, Filippo
    [J]. PSL QUARTERLY REVIEW, 2006, 59 (237) : 193 - 209
  • [3] General equilibrium pricing of currency and currency options
    Du, Du
    [J]. JOURNAL OF FINANCIAL ECONOMICS, 2013, 110 (03) : 730 - 751
  • [4] Optimal currency areas
    Alesina, A
    Barro, RJ
    Tenreyro, S
    Dornbusch, R
    Rose, AK
    [J]. MACROECONOMICS ANNUAL 2002, 2003, 17 : 301 - +
  • [5] OPTIMUM CURRENCY AREAS
    MCKINNON, RI
    [J]. AMERICAN ECONOMIC REVIEW, 1963, 53 (04): : 717 - 725
  • [6] Optimal Payment Areas or Optimal Currency Areas?
    Bolton, Patrick
    Huang, Haizhou
    [J]. AEA PAPERS AND PROCEEDINGS, 2018, 108 : 505 - 508
  • [7] Equilibrium foreign currency mortgages
    Kolasa, Marcin
    [J]. REVIEW OF ECONOMIC DYNAMICS, 2022, 45 : 168 - 186
  • [8] EQUILIBRIUM IN A PURE CURRENCY ECONOMY
    LUCAS, RE
    [J]. ECONOMIC INQUIRY, 1980, 18 (02) : 203 - 220
  • [9] CURRENCY AREAS AND MONETARY COORDINATION
    Liu, Qing
    Shi, Shouyong
    [J]. INTERNATIONAL ECONOMIC REVIEW, 2010, 51 (03) : 813 - 836
  • [10] Rethinking Optimal Currency Areas
    Chari, V. V.
    Dovis, Alessandro
    Kehoe, Patrick J.
    [J]. JOURNAL OF MONETARY ECONOMICS, 2020, 111 : 80 - 94
12345