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Moving closer? Comparing regional adjustments to shocks in EMU and the United States()
This paper analyzes alternative channels of adjustment to nominal exchange rate flexibility in response to shocks faced by countries and regions that are part of a monetary union. Over our full sample period of analysis (1977–2018), the results suggest a dominant role of interstate migration as an a...
| Autores principales: | , , |
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
| Publicado: |
Elsevier Ltd.
2022
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| Materias: | |
| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7486832/ https://www.ncbi.nlm.nih.gov/pubmed/32952255 http://dx.doi.org/10.1016/j.jimonfin.2020.102282 |