Currency Bloc Formation As a Dynamic Process Basedon Trade Network Externalities /
The recent experience of the European Economic and Monetary Union (EMU) has stimulated the debate over currency union and reinforced the incentive for the emergence of currency blocs in other regions of the world. This paper builds a dynamic stochastic model-based on network externalities operating...
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| Format: | Book |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
2004
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| Series: | IMF Working Papers ;
Working Paper No. 04/222 IMF eLibrary |
| Subjects: |