The Theory of Optimum Currency Areas
GPTKB entity
Statements (27)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:alternativeName |
gptkb:OCA_theory
|
| gptkbp:appliesTo |
gptkb:Eurozone
gptkb:West_African_Monetary_Zone gptkb:Eastern_Caribbean_Currency_Union |
| gptkbp:citation |
many economists
|
| gptkbp:criteria |
capital mobility
fiscal transfers labor mobility price and wage flexibility similar business cycles |
| gptkbp:focusesOn |
criteria for forming currency unions
|
| gptkbp:hasConcept |
asymmetric shocks
costs and benefits of currency union exchange rate adjustment loss of monetary policy autonomy optimum area |
| https://www.w3.org/2000/01/rdf-schema#label |
The Theory of Optimum Currency Areas
|
| gptkbp:influenced |
gptkb:European_Monetary_Union
|
| gptkbp:proposedBy |
gptkb:Robert_Mundell
1961 |
| gptkbp:publishedIn |
gptkb:American_Economic_Review
|
| gptkbp:relatedTo |
exchange rate policy
monetary integration currency union |
| gptkbp:bfsParent |
gptkb:Peter_Kenen
|
| gptkbp:bfsLayer |
7
|