The welfare cost of the EMU for transition countries
The Czech Republic, Hungary, and Poland are set to join the European and Monetary Union (EMU) in the near future. This paper offers a framework for the quantitative evaluation of the economic costs of joining the EMU. Using an open economy dynamic general equilibrium model with sticky prices, we inv...
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| Format: | article |
| Language: | eng |
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2015
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| Online Access: | http://hdl.handle.net/10071/8319 |
| Country: | Portugal |
| Oai: | oai:repositorio.iscte-iul.pt:10071/8319 |