Arbeitspapier
Structural Reforms and the Enlargement of Monetary Union
The paper addresses the question what effects the enlargement of a monetary union will have on necessary structural reforms in the (low distortion) member countries and the (high distortion) candidate countries. While monetary union lowers reforms in the candidate countries, members of the monetary union will increase their reform efforts. The paper also derives the conditions under which countries agree to an enlargement of monetary union.
- Language
-
Englisch
- Bibliographic citation
-
Series: CESifo Working Paper ; No. 1057
- Classification
-
Wirtschaft
- Subject
-
monetary union
asymmetric shocks
inflation
structural reforms
convergence
- Event
-
Geistige Schöpfung
- (who)
-
Hefeker, Carsten
- Event
-
Veröffentlichung
- (who)
-
Center for Economic Studies and ifo Institute (CESifo)
- (where)
-
Munich
- (when)
-
2003
- Handle
- Last update
- 10.03.2025, 11:46 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Hefeker, Carsten
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2003
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