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Post-COVID-19 EMU: Economic Distancing by Parallel Currencies

The coronavirus crisis has caused new distress in the European Economic and Monetary Union (EMU), as the southern part of the EMU has been hit stronger than the northern part. The common currency prevents nominal exchange rate adjustment in response to the asymmetric shock. Policymakers have therefo...

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Detalles Bibliográficos
Autores principales: Mayer, Thomas, Schnabl, Gunther
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Berlin Heidelberg 2020
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7704601/
https://www.ncbi.nlm.nih.gov/pubmed/33281219
http://dx.doi.org/10.1007/s10272-020-0939-4