文章基本信息

标题：Monetary Unions and External Shocks
本地全文：下载
作者：Etienne Farvaque ; Norimichi Matsueda
期刊名称：Economics Bulletin
电子版ISSN：1545-2921
出版年度：2009
卷号：29
期号：2
页码：1483-1491
出版社：Economics Bulletin
摘要：According to Bordo and James (2008), history shows that multinational monetary unions have dissolved mainly under the consequences of external shocks. This paper focuses on the effects of external shocks in assessing the sustainability of a monetary union and provides a theoretical argument that confirms their point