EMU enlargement, stabilization costs and insurance mechanisms

This paper considers the determinants of the macroeconomic costs of joining EMU for the new EU Member Sates, and compares them with those of the EMU members. Specifically, we investigate the business cycle correlation between the candidate’s economy and that of the euro area as a whole, and the abil...

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Detalhes bibliográficos
Autor principal: Afonso, António (author)
Outros Autores: Furceri, Davide (author)
Formato: article
Idioma:eng
Publicado em: 2022
Assuntos:
Texto completo:http://hdl.handle.net/10400.5/25625
País:Portugal
Oai:oai:www.repository.utl.pt:10400.5/25625