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Keywords: Currency unions
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Journal Articles
Journal:
Journal of Economic Studies
Journal of Economic Studies (2014) 41 (5): 737–750.
Published: 02 September 2014
...) associated with the global financial crisis of 2008-2009. In our view, a quantity theory model of economic growth is sensible as it is able to capture the core conditions necessary for a currency union to be optimal. These core conditions include monetary discipline, an optimal trade-off between the price...
