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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP1689 |
DP1689 On Identifying the Core of EMU: An Exploration of Some Empirical Criteria | |
Michael Artis; Wenda Zhang | |
发表日期 | 1997-08-31 |
出版年 | 1997 |
语种 | 英语 |
摘要 | The paper reports strikingly high correlations of the cyclical components of industrial production between the participant countries in the ERM. Supplementing these correlations with criteria based on real exchange rate volatility, trade and monetary policy conformity, cluster analysis is used to identify a core group of countries for which monetary union with Germany seems less controversial and to define other groups for which monetary union might be less advisable. |
主题 | International Macroeconomics |
关键词 | Business cycles Cluster analysis Erm Real exchange rates |
URL | https://cepr.org/publications/dp1689 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530832 |
推荐引用方式 GB/T 7714 | Michael Artis,Wenda Zhang. DP1689 On Identifying the Core of EMU: An Exploration of Some Empirical Criteria. 1997. |
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