Ozer, Itir; Ozkan, Ibrahim - In: Economics Bulletin 6 (2007) 44, pp. 1-18
This study aims to analyze Turkey and the Economic and Monetary Union (EMU) countries in the light of criteria suggested by the optimum currency areas (OCA) theory and to compare the criteria obtained by an application of Hodrick-Prescott (H-P) and Baxter-King (B-K) filters. To this end, we...