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010   $a9786613823991
010   $a9781462373024
010   $a146237302X
010   $a9781452713830
010   $a1452713839
010   $a9781283511544
010   $a1283511541
010   $a9781451908275
010   $a145190827X
035   $a(CKB)3360000000443393
035   $a(EBL)3014432
035   $a(SSID)ssj0000943264
035   $a(PQKBManifestationID)11523887
035   $a(PQKBTitleCode)TC0000943264
035   $a(PQKBWorkID)10977033
035   $a(PQKB)11376507
035   $a(OCoLC)694141081
035   $a(IMF)WPIEE2006031
035   $a(MiAaPQ)EBC3014432
035   $a(IMF)WPIEA2006031
035   $aWPIEA2006031
035   $a(EXLCZ)993360000000443393
100   $a20020129d2006      uf         0
101 0 $aeng
135   $aur|n|---|||||
181   $ctxt
182   $cc
183   $acr
200 10$aStylized Facts on Bilateral Trade and Currency Unions : $eImplications for Africa /$fMichal Hulej, Charalambos Tsangarides, Pierre Ewenczyk
205   $a1st ed.
210  1$aWashington, D.C. :$cInternational Monetary Fund,$d2006.
215   $a1 online resource (37 p.)
225 1 $aIMF Working Papers
300   $a"January 2006."
311 08$a9781451862911 
311 08$a1451862911 
320   $aIncludes bibliographical references.
327   $a""Contents""; ""I. INTRODUCTION""; ""II. LITERATURE REVIEW""; ""III. METHODOLOGY""; ""IV. RESULTS""; ""V. CONCLUSIONS""; ""References""
330 3 $aThis paper explores and quantifies several aspects of the performance of currency unions using an augmented version of the gravity model and focusing on two samples, the world and Africa. Our empirical findings suggest that, in principle, membership in a currency union should benefit Africa as much as it does the rest of the world. In addition, we find evidence from both samples that the effect of currency unions on trade is large, almost a doubling; currency unions are associated with trade creation, increase price co-movements among members, and make trade more stable; and longer duration of currency union membership brings about more benefits, although with some diminishing returns.
410  0$aIMF Working Papers; Working Paper ;$vNo. 2006/031
606   $aCommerce$xEconometric models
606   $aMonetary unions$xEconometric models
606   $aMonetary unions$zAfrica$xEconometric models
606   $aCurrencies$2imf
606   $aEconometric Modeling: General$2imf
606   $aEconometric models$2imf
606   $aEconometrics & economic statistics$2imf
606   $aEconometrics$2imf
606   $aExports and Imports$2imf
606   $aFinancial Aspects of Economic Integration$2imf
606   $aGovernment and the Monetary System$2imf
606   $aGravity models$2imf
606   $aInternational economics$2imf
606   $aInternational Trade Organizations$2imf
606   $aInternational trade$2imf
606   $aLabor unions$2imf
606   $aLabor$2imf
606   $aLabor-Management Relations, Trade Unions, and Collective Bargaining: General$2imf
606   $aMonetary economics$2imf
606   $aMonetary Systems$2imf
606   $aMonetary unions$2imf
606   $aMoney and Monetary Policy$2imf
606   $aMoney$2imf
606   $aPayment Systems$2imf
606   $aPlurilateral trade$2imf
606   $aRegimes$2imf
606   $aStandards$2imf
606   $aTrade Policy$2imf
606   $aTrade unions$2imf
607   $aSouth Africa$2imf
615  0$aCommerce$xEconometric models.
615  0$aMonetary unions$xEconometric models.
615  0$aMonetary unions$xEconometric models.
615  7$aCurrencies
615  7$aEconometric Modeling: General
615  7$aEconometric models
615  7$aEconometrics & economic statistics
615  7$aEconometrics
615  7$aExports and Imports
615  7$aFinancial Aspects of Economic Integration
615  7$aGovernment and the Monetary System
615  7$aGravity models
615  7$aInternational economics
615  7$aInternational Trade Organizations
615  7$aInternational trade
615  7$aLabor unions
615  7$aLabor
615  7$aLabor-Management Relations, Trade Unions, and Collective Bargaining: General
615  7$aMonetary economics
615  7$aMonetary Systems
615  7$aMonetary unions
615  7$aMoney and Monetary Policy
615  7$aMoney
615  7$aPayment Systems
615  7$aPlurilateral trade
615  7$aRegimes
615  7$aStandards
615  7$aTrade Policy
615  7$aTrade unions
700   $aHulej$b Michal$01815801
701   $aEwenczyk$b Pierre$0125459
701   $aTsangarides$b Charalambos$01462110
712 02$aInternational Monetary Fund.
712 02$aInternational Monetary Fund.$bAfrican Dept.
801  0$bDcWaIMF
906   $aBOOK
912   $a9910972473903321
996   $aStylized Facts on Bilateral Trade and Currency Unions$94371325
997   $aUNINA