Recommended readings (Machine generated): 1. Harris Dellas and George S. Tavlas (2009), 'An Optimum-Currency-Area Odyssey', Journal of International Money and Finance, 28 (7), November, 1117-37 -- 2. Alberto Alesina, Robert J. Barro and Silvana Tenreyro (2002), 'Optimal Currency Areas', NBER Macroeconomics Annual 2002, 17, 301-345 -- 3. Jeffrey A. Frankel and Andrew K. Rose (1998), 'The Endogeneity of the Optimum Currency Area Criteria ', Economic Journal, 108 (449), July, 1009-25 -- 4. Mark Aguiar, Manuel Amador, Emmanuel Farhi and Gita Gopinath (2015), 'Coordination and Crisis in Monetary Unions', Quarterly Journal of Economics, 130 (4), November, 1727-79 -- 5. Pierre-Richard Agénor and Joshua Aizenman (2011), 'Capital Market Imperfections and the Theory of Optimum Currency Areas', Journal of International Money and Finance, 30 (8), December, 1659-75 -- 6. Pierpaolo Benigno (2004), 'Optimal Monetary Policy in a Currency Union', Journal of International Economics, 63 (2), July, 293-320 -- 7. Saroj Bhattarai, Jae Won Lee and Woong Yong Park (2015), 'Optimal Monetary Policy in a Currency Union with Interest Rate Speeds', Journal of International Economics, 96 (2), July, 375-97 -- 8. Emmanuel Farhi and Ivan Werning (2017), 'Fiscal Unions', American Economic Review, 107 (12), December, 3788-834 -- 9. Michael P. Evers (2012), 'Federal Fiscal Transfer Rules for a Currency Union', European Economic Review, 56 (3), April, 507-25 -- 10. Jordi Galí and Tommaso Monacelli (2008), 'Optimal Monetary and Fiscal Policy in a Currency Union', Journal of International Economics, 76 (1), September, 116-32 -- 11. Andrea Ferrero (2009), 'Fiscal and Monetary Rules for a Currency Union', Journal of International Economics, 77 (1), February, 1-10 -- 12. Carlos Garcia-de-Andoain, Florian Heider, Marie Hoerova and Simone Manganelli (2016), 'Lending-of-Last-Resort Is As Lending-of-Last-Resort Does: Central Bank Liquidity Provision and Interbank Market Functioning in the Euro Area', Journal of Financial Intermediation, 28, October, 32-47 -- 13. Itamar Drechsler, Thomas Drechsel, David Marques-Ibanez and Philipp Schnabl (2016), 'Who Borrows from the Lender of Last Resort?', Journal of Finance, 71 (5), October, 1933-74 -- 14. Paul De Grauwe (2013), 'The European Central Bank as Lender of Last resort in the Government Bond Markets', CESifo Economic Studies, 59 (3), September, 520-35 -- 15. Karl Whelan (2014), 'TARGET2 and Central Bank Balance Sheets', Economic Policy, 29 (1), January, 81-137 -- 16. Philip R. Lane (2006), 'The Real Effects of European Monetary Union', Journal of Economic Perspectives, 20 (4), Fall, 47-66 -- 17. Reuven Glick and Andrew K. Rose (2016), 'Currency Unions and Trade: A Post-EMU Reassessment', European Economic Review, 87, August, 78-91 -- 18. Patrick Honohan and Phillip R. Lane (2003), 'Divergent Inflation Rates in EMU', Economic Policy, 18 (37), October, 359-94 -- 19. Claude Lopez and David H. Papell (2012), 'Convergence of Euro Area Inflation Rates', Journal of International Money and Finance, 31 (6), October, 1440-58