Practical insights from OCA variable combinations

Ekonomski Anali

关键词: optimum currency areas;    fuzzy C-means clustering;    EMU;    Hodrick-Prescott filtering technique;   

DOI  :  10.2298/EKA0876038O

来源: DOAJ

【 摘 要 】

This study aims to identify optimum currency areas (OCA) variables that distinguish certain Economic and Monetary Union (EMU) member countries from the other EMU members. In the previous studies, EMU members were identified in the light of criteria suggested by the OCA theory. In this study, in order to obtain additional insights, we analyzed OCA variables and the performance of European countries with respect to these variables. Our analysis shows that some of the EMU member countries are dissimilar to the rest of the EMU members with respect to certain OCA criteria.

【 授权许可】

Unknown