Sánchez, Marcelo (contributor) - 2008
This paper studies stabilisation in a multi-country currency union of small open economies. It abstracts from key … the factors studied here. Demand-side shocks hamper monetary union stabilisation unless members face identical output …Working PaPer SerieS
no 927 / auguSt 2008
Monetary StabiliSation
in a currency
union of SMall oPen
econoMieS
by …