Arbeitspapier
Optimum Currency Areas Under Inflation Targeting
Several countries face the choice between targeting inflation independently or entering a monetary union that targets inflation. The present paper extends the theory of optimum currency areas to deal with this choice. In contrast to the conventional theory, countries are shown to form more of an optimum currency area the more asymmetric supply shocks are.
- ISBN
-
82-7553-148-9
- Sprache
-
Englisch
- Erschienen in
-
Series: Arbeidsnotat ; No. 1999/10
- Klassifikation
-
Wirtschaft
Monetary Policy
International Monetary Arrangements and Institutions
International Policy Coordination and Transmission
- Thema
-
monetary union
common currency
asymmetric shocks
output stability
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Røisland, Øistein
Torvik, Ragnar
- Ereignis
-
Veröffentlichung
- (wer)
-
Norges Bank
- (wo)
-
Oslo
- (wann)
-
1999
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 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
- Røisland, Øistein
- Torvik, Ragnar
- Norges Bank
Entstanden
- 1999
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