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- W2117573793 abstract "A multicountry econometric model and stochastic simulation are used to estimate the stabilization costs of the European Monetary Union (EMU). A measure of the variability of output and other variables is computed for the current regime and for the EMU regime. The results show that Germany is hurt the most in terms of increased output variability in moving from the current regime to the EMU regime." @default.
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- W2117573793 date "1998-04-01" @default.
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- W2117573793 title "Estimated Stabilization Costs of the EMU" @default.
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- W2117573793 doi "https://doi.org/10.1177/002795019816400112" @default.
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