Journal Article

Consequences of the Euro: monetary union, economic disunion?


Abstract: Forming a monetary union brings the benefits of a shared currency but also?as the experience of the euro area shows in the years following the global financial crisis?significant costs associated with the loss of monetary policy independence and exchange rate flexibility.

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Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Part of Series: Economic Letter

Publication Date: 2016-04

Volume: 11

Issue: 2

Pages: 1-4