| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP7824 |
| DP7824 Currency Unions in Prospect and Retrospect | |
| J.M.C Santos Silva; Silvana Tenreyro | |
| 发表日期 | 2010-05-23 |
| 出版年 | 2010 |
| 语种 | 英语 |
| 摘要 | We critically review the recent literature on currency unions, and discuss the methodological challenges posed by the empirical assessment of their costs and benefits. In the process, we provide evidence on the economic effects of the euro. In particular, and in contrast with estimates of the trade effect of other currency unions, we find that the impact of the euro on trade has been close to zero. After reviewing the costs and benefits, we conclude with some open questions on normative and positive aspects of the theory of currency unions, emphasizing the need for a unified welfare-based framework to weigh their costs and gains. |
| 主题 | International Macroeconomics |
| 关键词 | Currency union Euro |
| URL | https://cepr.org/publications/dp7824 |
| 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/536661 |
| 推荐引用方式 GB/T 7714 | J.M.C Santos Silva,Silvana Tenreyro. DP7824 Currency Unions in Prospect and Retrospect. 2010. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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