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- W1609863213 abstract "New EU member countries are supposed to adopt the Euro as soon as economic convergence is achieved. This paper analyzes the effects of joining a monetary union on output and inflation variability in small acceding countries. An asymmetric macroeconomic two-country model is specified and combined with two different monetary policy regimes: (i) national monetary policy, (ii) monetary union. The performance of the two regimes is analyzed in terms of inflation and output variability for a broad range of structural parameter specifications." @default.
- W1609863213 created "2016-06-24" @default.
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- W1609863213 date "2007-12-14" @default.
- W1609863213 modified "2023-09-27" @default.
- W1609863213 title "The Effects of Joining a Monetary Union on Output and Inflation Variability in Accession Countries" @default.
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