Federal Reserve Bank of Dallas
Consequences of the Euro: monetary union, economic disunion?
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.
Cite this item
Enrique Martinez-Garcia & Valerie Grossman, "Consequences of the Euro: monetary union, economic disunion?"
, Federal Reserve Bank of Dallas, Economic Letter, volume 11, issue 2, pages 1-4, April 2016.
This item with handle RePEc:fip:feddel:00029
is also listed on EconPapers
For corrections, contact Amy Chapman ()