The shrinking endogeneity of optimum currency areas criteria: Evidence from the European Monetary Union—A beta regression approach
The endogeneity of optimum currency area criteria has been widely studied. Literature suggests the existence of a positive relationship between trade intensity and business cycle correlation. Using a beta regression model for the Eurozone we have concluded that trade has a decreasing marginal effect...
Main Author: | |
---|---|
Other Authors: | , |
Format: | article |
Language: | eng |
Published: |
2022
|
Subjects: | |
Online Access: | http://hdl.handle.net/10400.5/25721 |
Country: | Portugal |
Oai: | oai:www.repository.utl.pt:10400.5/25721 |