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008150406|1999||||xxc|||||o    f|0| 0 eng|d
022 |a1701-9397
040 |aCaOODSP|beng
043 |an-cn---
0861 |aFB3-2/99-16E-PDF
1102 |aBank of Canada.
24510|aOptimal currency areas : |h[electronic resource]|ba review of the recent literature / |cby Robert Lafrance and Pierre St-Amant.
260 |aOttawa - Ontario : |bBank of Canada |cOctober 1999.
300 |a39p.|btable
4901 |aBank of Canada working paper|x1701-9397|v99-16
500 |a"This paper surveys the recent literature on optimal currency areas (OCAs). Topics that are covered include theoretical developments in the context of general-equilibrium models and empirical work on shocks asymmetry and adjustment mechanisms. Issues relating to the endogeneity of OCA criteria, the role of exchange rate flexibility in promoting greater macroeconomic stability, and the links between productivity and the exchange rate are also surveyed. We conclude with suggestions for future research."--Abstract.
500 |aThe ISBN (0-662-28180-2) and ISSN (1192-5434) for the print edition have been incorrectly copied in this electronic publication.
504 |aBibliography.
5203 |aThis paper surveys the recent literature on optimal currency areas (OCAs). Topics that are covered include theoretical developments in the context of general-equilibrium models and empirical work on shocks asymmetry and adjustment mechanisms. Issues relating to the endogeneity of OCA criteria, the role of exchange rate flexibility in promoting greater macroeconomic stability, and the links between productivity and the exchange rate are also surveyed. We conclude with suggestions for future research.--Abstract
546 |aRésumé en français.
590 |a11-20-Supp|b2011-09-29
69007|aExchange rates|2gcpds
69007|aCurrency|2gcpds
7201 |aSt-Amant, Pierre
7201 |aLafrance, Robert
7760#|tOptimal currency areas : |w(CaOODSP)9.614937
830#0|aWorking paper (Bank of Canada)|x1701-9397|v99-16|w(CaOODSP)9.504604
85640|ahttp://publications.gc.ca|qPDF|s165 KB|uhttps://publications.gc.ca/collections/Collection/FB3-2-99-16E.pdf|y99-16