| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2116 |
| DP2116 Structural Convergence Under Reversible and Irreversible Monetary Unification | |
| Roel Beetsma; Henrik Jensen | |
| 发表日期 | 1999-03-29 |
| 出版年 | 1999 |
| 语种 | 英语 |
| 摘要 | We explore endogenous monetary unification in the context of a model in which a country with serious structural distortions (and, hence, high inflation) is admitted into a monetary union once its economic structure has converged sufficiently towards that of the existing participants. If unification is reversible, so that the new entrant can always be forced to leave the union again later, convergence stops for a while after the high inflation country has joined. With irreversible unification, temporary divergence occurs, and unification is most likely to be delayed. |
| 主题 | International Macroeconomics |
| 关键词 | Convergence inflation Monetary unification Structural distortions |
| URL | https://cepr.org/publications/dp2116 |
| 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/531230 |
| 推荐引用方式 GB/T 7714 | Roel Beetsma,Henrik Jensen. DP2116 Structural Convergence Under Reversible and Irreversible Monetary Unification. 1999. |
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