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Economics of Monetary Union

Paul De Grauwe

Open publisher page 481 citations

Abstract

COSTS AND BENEFITS OF MONETARY UNION 1. The Costs of a Common Currency 2. The Theory of Optimum Currency Areas: A Critique 3. The Benefits of a Common Currency 4. Costs and Benefits Compared 5. Optimal Currency Areas Case Studies: Is the Enlarged European Union an Optimal Currency Area? Is Latin America an Optimal Currency Area? MONETARY UNION 6. Incomplete Monetary Unions: The European Monetary System, Dollarization 7. The Transition to a Monetary Union: Problems of Transition in Central Europe, Problems of Transition of the UK 8. The European Central Bank 9. Monetary Policy in Euroland 10. Fiscal Policies in Monetary Unions 11. The Euro and Financial Markets

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COSTS AND BENEFITS OF MONETARY UNION 1. The Costs of a Common Currency 2. The Theory of Optimum Currency Areas: A Critique 3. The Benefits of a Common Currency 4. Costs and Benefits Compared 5. Optimal Currency Areas Case Studies: Is the Enlarged European Union an Optimal Currency Area? Is Latin America an Optimal Currency Area? MONETARY UNION 6. Incomplete Monetary Unions: The European Monetary System, Dollarization 7. The Transition to a Monetary Union: Problems of Transition in Central Europe, Problems of Transition of the UK 8. The European Central Bank 9. Monetary Policy in Euroland 10. Fiscal Policies in Monetary Unions 11. The Euro and Financial Markets

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Available abstract

COSTS AND BENEFITS OF MONETARY UNION 1. The Costs of a Common Currency 2. The Theory of Optimum Currency Areas: A Critique 3. The Benefits of a Common Currency 4. Costs and Benefits Compared 5. Optimal Currency Areas Case Studies: Is the Enlarged European Union an Optimal Currency Area? Is Latin America an Optimal Currency Area? MONETARY UNION 6. Incomplete Monetary Unions: The European Monetary System, Dollarization 7. The Transition to a Monetary Union: Problems of Transition in Central Europe, Problems of Transition of the UK 8. The European Central Bank 9. Monetary Policy in Euroland 10. Fiscal Policies in Monetary Unions 11. The Euro and Financial Markets

Key concepts: Monetary base, Economics, Currency, Monetary hegemony, Currency union, International economics, Optimum currency area, Economic and monetary union

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