Results overview: Found 2 records in 0.01 seconds.
Research literature, 2 records found
Research literature 2 records found  
1.
68 p, 446.2 KB Rethinking optimal currency areas / Chari, V. V. ; Dovis, Alessandro ; Kehoe, Patrick J.
The traditional Mundellian criterion, which implicitly assumes commitment to monetary policy, is that countries with similar shocks should form unions. Without such commitment a new criterion emerges: countries with dissimilar temptation shocks, namely those that exacerbate time inconsistency problems, should form unions. [...]
The ADEMU Working Paper Series is being supported by the European Commission Horizon 2020 European Union funding for Research & Innovation, grant agreement No 649396.

2016 (Ademu Working Paper Series ; 9)  
2.
21 p, 274.8 KB A journey down the slippery slope to the European crisis : a theorist's guide / Chari, V. V. ; Dovis, Alessandro ; Kehoe, Patrick J.
We offer a theoretically based narrative that attempts to account both for the formation of the European Monetary Union and the callenges it has faced. Lack of commitment to policy plays a central role in this narrative.
The ADEMU Working Paper Series is being supported by the European Commission Horizon 2020 European Union funding for Research & Innovation, grant agreement No 649396.

2017 (ADEMU Working Paper Series ; 54)  

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