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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP1930 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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