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...

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Bibliographic Details
Main Author: Mendonça, António (author)
Other Authors: Silvestre, João (author), Passos, José (author)
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