The impact of monetary union on macroeconomic integration : evidence from West Africa

David Fielding and Kalvinder Shields

In this paper we use data from 17 African nations in order to investigate the hypothesis that monetary union - represented in this case by the CFA Franc Zone - augments the extent of macroeconomic integration. The paper covers a number of dimensions of integration including the volume of bilateral trade, real exchange rate volatility and the magnitude of cross-country business cycle correlation.

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Year of publication:	February 2004
Authors:	Fielding, David ; Shields, Kalvinder K.
Publisher:	Helsinki, Finland : UNU World Institute for Development Economics Research (UNU-WIDER)
Subject:	monetary union \| Africa \| trade \| business cycles \| Währungsunion \| Monetary union \| Wirtschaftsintegration \| Economic integration \| CFA-Franc-Zone \| CFA franc zone

Extent:	1 Online-Ressource (circa 25 Seiten) Illustrationen
Series:	Research papers / United Nations University, World Institute for Development Economics Research. - Helsinki : [Verlag nicht ermittelbar], ISSN 1810-2611, ZDB-ID 2149780-1. - Vol. no. 2004/17
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
ISBN:	92-9190-596-8
Other identifiers:	hdl:10419/84635 [Handle]
Classification:	E39 - Prices, Business Fluctuations, and Cycles. Other ; F15 - Economic Integration ; F49 - Macroeconomic Aspects of International Trade and Finance. Other ; O11 - Macroeconomic Analyses of Economic Development
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011506430