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Enlargement and the Value of the Euro


Jerome L. Stein


Brown University - Division of Applied Mathematics; CESifo (Center for Economic Studies and Ifo Institute for Economic Research)

Australian Economic Papers, Vol. 41, pp. 462-479, 2002

Abstract:     
The EMU is in the process of expanding its membership. How will the expansion affect the equilibrium or sustainable real value of the euro? What is the explanatory power of the model used to explain the equilibrium value of a synthetic euro? We then demonstrate quantitatively the dynamic effects of enlargement upon the equilibrium value of the euro under different scenarios.

Number of Pages in PDF File: 18

Accepted Paper Series


Date posted: January 13, 2003  

Suggested Citation

Stein, Jerome L., Enlargement and the Value of the Euro. Australian Economic Papers, Vol. 41, pp. 462-479, 2002. Available at SSRN: http://ssrn.com/abstract=368507

Contact Information

Jerome L. Stein (Contact Author)
Brown University - Division of Applied Mathematics ( email )
Providence, RI 02912
United States
401-863-2143 (Phone)
401-863-1355 (Fax)
CESifo (Center for Economic Studies and Ifo Institute for Economic Research)
Poschinger Str. 5
Munich, DE-81679
Germany
Feedback to SSRN (Beta)


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