Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/152438
Authors: 
Angeloni, Ignazio
Dedola, Luca
Year of Publication: 
1999
Series/Report no.: 
ECB Working Paper 4
Abstract: 
Skeptic views on EMU are usually cast around three arguments. First, the EU does not satisfy 'Optimum Currency Area' (OCA) conditions. Second, heterogeneous economic and financial structures will produce differences in monetary transmission. Third, the shift from domestic to area-wide considerations may give rise to conflicts in the decision making of the European Central Bank (ECB).
Subjects: 
economic and policy convergence
JEL: 
E52
F02
E32
Document Type: 
Working Paper

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