EMU – “Optimum” or “Viable” Currency Area?

Studies and Scientific Researches: Economics Edition

关键词: European Monetary Union (EMU);    Optimum Currency Area (OCA);    euro zone;    asymmetric shocks;   

DOI  :  10.29358/sceco.v0i16-17.70

来源: DOAJ

【 摘 要 】

Although the increasing heterogeneity as an effect of European Union enlargement, referring especially to the last two waves, is perceived as a single internal market and also euro single currency risk, European Monetary Union represents an important step towards deepening economic integration. Controversy on the Optimum Currency Area issue has created difficulties in empirical research effort to find appropriate responses to the EMU dilemma: is Euro zone an „optimum” or rather “viable” currency area?

【 授权许可】

Unknown