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Optimum Currency Areas and Key Currencies: Mundell I versus Mundell II

Do credit markets discipline sovereign borrowers? Evidence from the U.

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Optimal Currency Areas: A Review of the Recent Literature

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Notenstein Academy White Paper Series. What explains changing spreads on emerging market debt? In Sebastian Edwards Ed. Chicago: University of Chicago Press. The Stability Pact: More than a minor nuisance?

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Economic Policy , 13 , 65— Minimal conditions for the survival of the euro. Intereconomics , 51 , 24— Engineer, M. A positive analysis of deposit insurance provision: Regulatory competition among European Union countries. Journal of Financial Stability , 9 , — Emerson, M. One market, one money: an evaluation of the potential benefits and costs of forming an economic and monetary union. Oxford: Oxford University Press. European Central Bank. Real convergence in the euro area: Evidence, theory and policy implications.

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Regional payments mechanism: The case of Puerto Rico. Inguanez, C. Sovereign versus corporate bond credit spreads in Europe Doctoral dissertation. University of Malta.

Barry Eichengreen

Kalemli-Ozcan, S. Financial integration and risk sharing: The role of the monetary union. Kenen, P. The theory of optimum currency areas: An eclectic view. Swoboda Eds.

Knell, M. Nominal and real wage rigidities in theory and in Europe. Krugman, P. Lessons of Massachusetts for EMU.


Lane, P. Capital flows in the euro area. Economic Papers no.

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McKinnon, R. Optimum Currency Areas. American Economic Review , 53 , — Melitz, J. Interregional and international risk sharing and lessons for EMU. Optimum currency areas.

Working Papers & Publications

Minford, P.