Construct · 1 fields · 1 citations

endogeneity of optimum currency area criteria: a standalone construct

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endogeneity of optimumcurrency area criteria1 CONSTRUCTEndogeneity of optimumFRANKEL · INTERNATIONAL

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International macroeconomics

the argument that monetary union raises trade and business cycle correlation, so countries may meet currency area criteria after joining.

In international macroeconomics, endogeneity of optimum currency area criteria refers to the argument that monetary union raises trade and business cycle correlation, so countries may meet currency area criteria after joining. This meaning comes from Frankel (1998) in The Economic Journal.[1]

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argument3 fields · 3 citationsjingle · one word, three constructsbusiness1 fields · 1 citationsanchor · a standalone constructcorrelation4 fields · 4 citationsjingle · one word, four constructs

References

  1. Frankel, J. A., & Rose, A. K. (1998). The Endogenity of the Optimum Currency Area Criteria. The Economic Journal, 108(449), 1009-1025. https://doi.org/10.1111/1468-0297.00327

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