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| 02121nam##2200361za#4500 |
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001 | 9.614937 |
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003 | CaOODSP |
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005 | 20211126112847 |
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007 | ta |
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008 | 150406|1999||||xxc||||| f|0| 0 eng|d |
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020 | |a0-662-28180-2 |
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022 | |a1192-5434 |
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040 | |aCaOODSP|beng |
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043 | |an-cn--- |
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086 | 1 |aFB3-2/99-16E |
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110 | 2 |aBank of Canada. |
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245 | 10|aOptimal currency areas : |ba review of the recent literature / |cby Robert Lafrance and Pierre St-Amant. |
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260 | |aOttawa - Ontario : |bBank of Canada |c1999. |
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300 | |av, 30p. : |btables ; |c28 cm. |
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490 | 1 |aWorking paper|x1192-5434|v99-16 |
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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. |
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504 | |aBibliography. |
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520 | 3 |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 |
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546 | |aRésumés en français |
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563 | |aSoftcover |
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590 | |a99-43|b1999-10-29 |
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690 | 07|aExchange rates|2gcpds |
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690 | 07|aCurrency|2gcpds |
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720 | 1 |aSt-Amant, Pierre |
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720 | 1 |aLafrance, Robert |
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776 | 0#|tOptimal currency areas : |w(CaOODSP)9.571700 |
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830 | #0|aWorking paper,|x1192-5434|v99-16|w(CaOODSP)9.514622 |
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