Essays about: "optimum currency area"

Showing result 6 - 10 of 13 essays containing the words optimum currency area.

  1. 6. Are Denmark, Norway and Sweden an optimum currency area?

    University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistik

    Author : Filippa Fredriksson Franzén; Tove Wigartz; [2014-09-08]
    Keywords : ;

    Abstract : This paper investigates the possibility of Denmark, Norway and Sweden to form an optimum currency area. Based on the theories of optimum currency areas, such as Mundell’s Optimum Currency Areas, a few economical factors are chosen and analyzed. READ MORE

  3. 7. The optimality of EMU - A comparative study

    University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistik

    Author : Sofia Dahlqvist; Sanna Flood; [2013-06-19]
    Keywords : Optimum Currency Area OCA ; European Central Bank ECB ; Economic and Monetary Union EMU ; Europe; Euro; Eurozone; expansionary monetary policy; the GG-LL model; transmission mechanism;

    Abstract : The aim of this macroeconomic study is to evaluate whether the Economic and Monetary Union (EMU) has become an optimum currency area (OCA) or not. To reach a conclusion about the optimality of EMU we have performed two analyses where the first one evaluates the potential impacts of an expansionary monetary policy in Germany, France, Greece and Cyprus. READ MORE

  4. 8. Towards Optimum: Can Europe become an optimum currency area

    University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistik

    Author : Sofia Kaller; Ulf Strömberg; [2013-03-18]
    Keywords : Optimum Currency Are; EMU; Europe; EU; GG-LL model;

    Abstract : The purpose of this thesis is to study the Eurozone and give an answer to the question: Can Europe become an optimum currency area? Our analysis is based on theory structured in the form of several criteria for an optimum currency area, which we compare with our findings from the Eurozone. Our result shows that the Eurozone does not satisfy the criteria of high-factor mobility or wage flexibility. READ MORE

  5. 9. Portugal and the European Monetary Union. : Investigating an alternative interest rate development using the Taylor Rule

    University essay from Institutionen för samhällsvetenskaper

    Author : Andreas Holmberg; Christoffer Bengtsson; [2012]
    Keywords : Monetary Policy; European Monetary Union; Central Bank; Taylor Rule; Optimum Currency Area.;

    Abstract : The objective of this study is to investigate how the development regarding the short-term nominal interest rate in Portugal would have differed from that set by the ECB 1999-2011 in a situation where they did not enter the European Monetary Union. To do this, we use the Taylor rule, which incorporates economic activities such as inflation and output and how these deviates from their target. READ MORE

  6. 10. Possibility of creating a single currency in East Asia

    University essay from Ekonomihögskolan, ELNU

    Author : Nobuyuki Sanno; [2012]
    Keywords : economics; currency;

    Abstract : This paper analyzes the possibility of creating a single currency in East Asia. The level of interdependence in East Asia has almost matched the level in Europe, at least that in Europe in 1980-90 when Europe introduced a common currency. READ MORE