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 country. While monetary union lowers reforms in the candidate country, members of the monetary union will increase their reform efforts. The paper then proceeds to derive the conditions if and when the countries agree to an enlargement of the monetary union

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Year of publication:	[2021]
Authors:	Hefeker, Carsten
Publisher:	[S.l.] : SSRN
Subject:	Währungsunion \| Monetary union \| EU-Mitgliedschaft \| EU membership \| Geldpolitik \| Monetary policy \| Wirtschaftsreform \| Economic reform \| Theorie \| Theory \| Neue politische Ökonomie \| Public choice \| EU-Staaten \| EU countries \| Inflationserwartung \| Inflation expectations \| Eurozone \| Euro area

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 March 2000 erstellt
Other identifiers:	10.2139/ssrn.263943 [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/10013321079