Real Exchange Rates Within and Between Currency Areas: How Far Away is EMU?
- 1 May 1994
- journal article
- Published by JSTOR in The Review of Economics and Statistics
- Vol. 76 (2) , 236-244
- https://doi.org/10.2307/2109878
Abstract
The renewed quest for a European monetary union raises the question: Is Europe ready for a common currency? We compare the conditional variance and the persiste...Keywords
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