Trade Effects of Currency Unions : : Do Economic Dissimilarities Matter? / / Giorgia Albertin
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| Autore: |
Albertin Giorgia
|
| Titolo: |
Trade Effects of Currency Unions : : Do Economic Dissimilarities Matter? / / Giorgia Albertin
|
| Pubblicazione: | Washington, D.C. : , : International Monetary Fund, , 2008 |
| Descrizione fisica: | 1 online resource (29 p.) |
| Disciplina: | 332.4566 |
| Soggetto topico: | Monetary unions - Econometric models |
| Currency question - Econometric models | |
| Commerce - Econometric models | |
| Equilibrium (Economics) - Econometric models | |
| Exports and Imports | |
| Labor | |
| Financial Aspects of Economic Integration | |
| Trade Policy | |
| International Trade Organizations | |
| Empirical Studies of Trade | |
| Wages, Compensation, and Labor Costs: General | |
| Trade: General | |
| International economics | |
| Labour | |
| income economics | |
| Monetary unions | |
| Plurilateral trade | |
| Trade balance | |
| Wages | |
| Imports | |
| International trade | |
| Balance of trade | |
| Note generali: | Description based upon print version of record. |
| Nota di bibliografia: | Includes bibliographical references. |
| Nota di contenuto: | Contents; 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 |
| D. Proof of Proposition 4E. Proof of Proposition 5; F. Proof of Proposition 6; References | |
| Sommario/riassunto: | This 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 follow the enlargement of a currency union. |
| Titolo autorizzato: | Trade Effects of Currency Unions |
| ISBN: | 1-4623-0533-4 |
| 1-4527-4705-9 | |
| 9786612842009 | |
| 1-282-84200-5 | |
| 1-4518-7107-4 | |
| Formato: | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione: | Inglese |
| Record Nr.: | 9910788343103321 |
| Lo trovi qui: | Univ. Federico II |
| Opac: | Controlla la disponibilità qui |
Serie:
IMF Working Papers; Working Paper ; ; No. 2008/249