Arbeitspapier
Exchange Rate Variability Inside and Outside the EMU
An often heard view is that exchange rate variability will decrease for a country that joins the EMU. This is not necessarily true. Both real and nominal exchange rate variability increase under certain circumstances when asymmetric demand shocks occur inside or outside the union. These results are obtained theoretically within a standard international macro-model but they also remain valid in a numerical simulation of this model.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 1998:26
- Klassifikation
-
Wirtschaft
Foreign Exchange
International Monetary Arrangements and Institutions
Financial Aspects of Economic Integration
Open Economy Macroeconomics
- Thema
-
Exchange rate variability
EMU
asymmetric shocks
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bergbom, Lennart
- Ereignis
-
Veröffentlichung
- (wer)
-
Uppsala University, Department of Economics
- (wo)
-
Uppsala
- (wann)
-
1998
- Handle
- URN
-
urn:nbn:se:uu:diva-2435
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Bergbom, Lennart
- Uppsala University, Department of Economics
Entstanden
- 1998
Ähnliche Objekte (12)
Stabilization inside and outside EMU
INSIDE-OUTSIDE
Inside - Outside
Inside - outside
Georgien inside./.outside
Nancy Holt - inside, outside
Works shown in Inside/Outside
Outside, inside, 3.. 1966 - 2009
Works shown in Inside/Outside
Inside, outside Nietzsche : psychoanalytic explorations
Outside, inside, 2.. 1961 - 1966
Outside, inside, 1.. 1954 - 1961
Stabilization inside and outside EMU
INSIDE-OUTSIDE
Inside - Outside
Inside - outside
Georgien inside./.outside
Nancy Holt - inside, outside
Works shown in Inside/Outside
Outside, inside, 3.. 1966 - 2009
Works shown in Inside/Outside
Inside, outside Nietzsche : psychoanalytic explorations
Outside, inside, 2.. 1961 - 1966
Outside, inside, 1.. 1954 - 1961
Stabilization inside and outside EMU
INSIDE-OUTSIDE
Inside - Outside
Inside - outside
Georgien inside./.outside
Nancy Holt - inside, outside
Works shown in Inside/Outside
Outside, inside, 3.. 1966 - 2009
Works shown in Inside/Outside
Inside, outside Nietzsche : psychoanalytic explorations
Outside, inside, 2.. 1961 - 1966