Essays about: "Currency unions"

Showing result 1 - 5 of 9 essays containing the words Currency unions.

  1. 1. United through Division: An Innovative Approach to European Monetary Policy : A Study of the Optimal Currency Areas in the European Union through Cluster Analysis Conducted on Samples Between 2007–2019

    University essay from Linköpings universitet/Nationalekonomi; Linköpings universitet/Filosofiska fakulteten

    Author : Marinda Gadén; Alexander Granberg; [2023]
    Keywords : European Union; Monetary Union; Cluster Analysis; European Monetary Union; Euro; Europäische Union; Währungsunion; Klusteranalyse; Europäische Wirtschafts-und Währungsunion; Euro; Europeiska unionen; valutaunion; klusteranalys; europeiska monetära unionen; Euro;

    Abstract : The study deals with the theory of optimal currency areas complemented with the EU's Maastricht criteria in order to investigate how today’s Economic and Monetary Union of the European Union can be divided into smaller unions with countries that are more homogeneous based on said criteria compared to the current larger currency union. To investigate this, we use cluster analysis as the method easily enables analysis of similarities and differences between countries. READ MORE

  2. 2. Exchange Rate Regimes and Trade in the Western Balkans

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Clara Falkenek; [2023]
    Keywords : Exchange Rate Regimes; Euro; Western Balkans; Gravity Model; Trade; Business and Economics;

    Abstract : The choice of exchange rate regime is believed to affect countries’ trade levels. Currency unions and currency pegs reduce exchange rate volatility and create greater price transparency in foreign trade compared to a flexible exchange rate regime. READ MORE

  3. 3. Costs and benefits of using the Rand as common currency in southern Africa

    University essay from Lunds universitet/Ekonomisk-historiska institutionen

    Author : Bettina Chlond; [2018]
    Keywords : monetary union; Rand; Common Monetary Area; South African Reserve Bank; Taylor Rule; Business and Economics;

    Abstract : Do monetary unions between developing economies support sustainable economic development for the members? Previous research has only considered traditional research methods to examine costs and benefits of monetary unions in developing regions. This thesis applies new measures to determine how the operation of institutions encounters specific problems of developing economies for the case of the Common Monetary Area in southern Africa. READ MORE

  4. 4. To what extent did Austria-Hungary experience sectoral specialization from 1867 to 1910?

    University essay from Lunds universitet/Ekonomisk-historiska institutionen

    Author : Johan Rydberg Svensson; [2017]
    Keywords : Business and Economics;

    Abstract : Abstract: Austria-Hungary was from 1867 to the beginning of the first world war, one of Europe’s largest countries and also a monetary and customs union exhibiting features common in recent debates on economic integration. The role of economic integration on growth, development and industrialisation are central themes in today’s debates. READ MORE

  5. 5. The Eurasian Economic Union: In Search for Optimality in the Post-Soviet Sphere

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Edward Lilliehöök; Erik Stannow Lind; [2017]
    Keywords : Optimal Currency Area; Eurasian Economic Union; Monetary policy; Currency union; Macroeconomics;

    Abstract : This paper evaluates the economic feasibility of introducing a shared currency within the Eurasian Economic Union - a regional project aimed at the economic integration of Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia. The costs and benefits of sharing legal tender are weighed by assessing the proposed currency area's chances of avoiding or mitigating asymmetric shock. READ MORE