Structural Reforms and the Enlargement of Monetary Union

The paper addresses the question what effects the enlargement of a monetary union will have on necessary structural reforms in the (low distortion) member countries and the (high distortion) candidate countries. While monetary union lowers reforms in the candidate countries, members of the monetary union will increase their reform efforts. The paper also derives the conditions under which countries agree to an enlargement of monetary union

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Year of publication:	[2021]
Authors:	Hefeker, Carsten
Publisher:	[S.l.] : SSRN
Subject:	EU-Staaten \| EU countries \| EU-Mitgliedschaft \| EU membership \| Geldpolitik \| Monetary policy \| Eurozone \| Euro area \| Währungsunion \| Monetary union \| Wirtschaftsreform \| Economic reform

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Extent:	1 Online-Ressource (31 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments October 2003 erstellt
Other identifiers:	10.2139/ssrn.462427 [DOI]
Classification:	E61 - Policy Objectives; Policy Designs and Consistency; Policy Coordination ; E63 - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization ; F33 - International Monetary Arrangements and Institutions
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013319680