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...

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Bibliographic Details
Main Authors: Bąk Henryk, Maciejewski Sebastian
Format: Article
Language:English
Published: Sciendo 2015-06-01
Series:International Journal of Management and Economics
Subjects:
emu
e32
f13
f36
f4
l6
Online Access:https://doi.org/10.1515/ijme-2015-0020