Chinn, Menzie David (contributor); … - 2006
appears to depend on two things: (1) do enough other EU members join euroland so that
it becomes larger than the US economy …, and (2) does US macroeconomic policy
eventually undermine confidence in the value of the dollar, in the form of inflation … and
depreciation. What we learn about functional form and parameter values helps us
forecast, contingent on these two …