Essays about: "Eurozone optimal currency area"
Found 1 essay containing the words Eurozone optimal currency area.
University essay from Lunds universitet/Nationalekonomiska institutionen
Abstract : This paper will analyze the construction of an optimal currency area using mean variance portfolio analysis, in order to determine what would have been the most stable monetary union for the European Union prior to the complete transition to the Euro currency on January 1, 2002. The analysis calculates the minimum variance portfolio of the potential European Union members by using there sovereign bond yield to maturity as a proxy for the return and variance of the asset. READ MORE