Endogeneity and Specialization in the European Monetary Union
There has been a broad discussion about the viability of the European Monetary Union (EMU) in its present and prospective confines. Generally, the EMU, consisting of 19 countries, is not considered an optimal currency area due to low labor market flexibility, autonomous fiscal policies, and structur...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Sciendo
2015-06-01
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Series: | International Journal of Management and Economics |
Subjects: | |
Online Access: | https://doi.org/10.1515/ijme-2015-0020 |