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• W2143669655 abstract "This study has been motivated by the numerous proposals for greater monetary and economic integration in Africa. We investigate the correlation of shocks between the exiting members of the West African Economic and Monetary Union and potential entrants in the region. In Southern Africa, we examine the pair wise correlations using the hub and spoke framework with South Africa as the hub. We observe large demand shock asymmetry amongst the countries in the west than in the south, suggesting more economic homogeneity amongst the members of the South African Development Community. However, there seem to be more supply shock symmetry amongst the countries in West Africa than their counterparts in the south." @default.
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• W2143669655 date "2012-08-01" @default.
• W2143669655 modified "2023-09-28" @default.
• W2143669655 title "The Symmetry of Demand and Supply Shocks in Monetary Unions" @default.
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