LEADER 03435nam 2200685 450 001 9910463617103321 005 20170821160737.0 010 $a1-4623-0533-4 010 $a1-4527-4705-9 010 $a9786612842009 010 $a1-282-84200-5 010 $a1-4518-7107-4 035 $a(CKB)3170000000055143 035 $a(EBL)1608062 035 $a(SSID)ssj0001487326 035 $a(PQKBManifestationID)11881442 035 $a(PQKBTitleCode)TC0001487326 035 $a(PQKBWorkID)11479832 035 $a(PQKB)11151574 035 $a(OCoLC)460638693 035 $a(MiAaPQ)EBC1608062 035 $a(EXLCZ)993170000000055143 100 $a20140226h20082008 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aTrade effects of currency unions $edo economic dissimilarities matter? /$fGiorgia Albertin ; authorized for distribution by Marc Quintyn 210 1$a[Washington, District of Columbia] :$cInternational Monetary Fund,$d2008. 210 4$dİ2008 215 $a1 online resource (29 p.) 225 1 $aIMF Working Papers 225 0$aIMF working paper ;$vWP/08/249 300 $aDescription based upon print version of record. 311 $a1-4519-1560-8 320 $aIncludes bibliographical references. 327 $aContents; I. Introduction; II. The Basic Model; III. The Initial Equilibrium; IV. The Formation of a Currency Union; A. The General Equilibrium Effect on the Relative Wage; B. The Effect on the Bilateral Patterns of Trade; V. The Enlargement of the Currency Union; A. The General Equilibrium Effect on the Relative Wage; B. The Effect on the Bilateral Patterns of Trade; VI. Do Economic dissimilarities Matter?; VII. Conclusions; Tables; 1. Simulations of the Gain in Bilateral Trade; Mathematical Appendix; A. Proof of Proposition 1; B. Proof of Proposition 2; C. Proof of Proposition 3 327 $aD. Proof of Proposition 4E. Proof of Proposition 5; F. Proof of Proposition 6; References 330 $aThis paper provides a general equilibrium analysis of the trade effects of the formation of a currency union, and of its subsequent enlargement to include an economically dissimilar country. Furthermore, it investigates how economic dissimilarities among countries affect the magnitude of the trade effects fostered by a common currency. We show that sharing a common currency enhances the volume of bilateral trade among countries. However, the more economically dissimilar is an accession country, compared to the original members of a currency union, the smaller are the gains in trade that would 410 0$aIMF Working Papers 606 $aMonetary unions$xEconometric models 606 $aCurrency question$xEconometric models 606 $aCommerce$xEconometric models 606 $aEquilibrium (Economics)$xEconometric models 608 $aElectronic books. 615 0$aMonetary unions$xEconometric models. 615 0$aCurrency question$xEconometric models. 615 0$aCommerce$xEconometric models. 615 0$aEquilibrium (Economics)$xEconometric models. 676 $a332.4566 700 $aAlbertin$b Giorgia$01039693 701 $aQuintyn$b Marc$0247373 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910463617103321 996 $aTrade effects of currency unions$92462034 997 $aUNINA