What is European Economic and Monetary Union Telling us About the Properties of Optimum Currency Areas?

Our understanding of optimum currency area (OCA) properties has changed over time. While all properties can now be discussed in detail, the challenge of weighing and reconciling them remains. Looking ahead, we may be confronted with two distinct paradigms: specialization versus ‘endogeneity of OCA’...

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Bibliographic Details
Published inJournal of common market studies Vol. 43; no. 3; pp. 607 - 635
Main Author MONGELLI, FRANCESCO PAOLO
Format Journal Article
LanguageEnglish
Published Oxford, UK Blackwell Publishing Ltd 01.09.2005
Wiley Blackwell
SeriesJournal of Common Market Studies
Subjects
Currency
European Monetary Union
Monetary policy
Studies
Europe
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