Should the UK Join the Euro Zone? Evidence from a Synthetic OCA Assessment

Based on optimal currency area theories, this paper applies the empirical methodology of structural VAR to revisit the question of whether UK should join or not the Euro zone. Correlations of effective exchange rates between UK and US on one side and between UK and its major European partners (Germa...

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Bibliographic Details
Main Authors: Saucier, Philippe, Kang-Soek Lee
Format: Article
Language:English
Published: Università Carlo Cattaneo LIUC 2011-06-01
Series:The European Journal of Comparative Economics
Subjects:
Online Access:http://eaces.liuc.it/18242979201101/182429792011080104.pdf