G2TT
来源类型Discussion paper
规范类型论文
来源IDDP1930
DP1930 Adjusting to a New Technology: Experience and Training
Elhanan Helpman; Antonio Rangel
发表日期1998-08-31
出版年1998
语种英语
摘要This paper employs worldwide data on output and bilateral trade in order to identify optimum currency areas (OCA?s) on a global basis. By retaining only two of the many criteria that have been mentioned in the literature on OCA?s, it has been possible to use computer programming to do the identification. Based on the first of the two criteria, relating to trade, some large continental OCA?s can be discerned in the world. Adding the second criterion, which concerns symmetry-of-output-shocks, whittles down the size of the OCA?s. Nevertheless, some significant examples remain in the Americas, Europe and Asia, of which the European and the Asiatic are the most noteworthy.
主题International Macroeconomics
关键词Business cycles Optimal currency areas Trade
URLhttps://cepr.org/publications/dp1930
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/531075
推荐引用方式
GB/T 7714
Elhanan Helpman,Antonio Rangel. DP1930 Adjusting to a New Technology: Experience and Training. 1998.
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