Dominik Groll

Kiel Institute for the World Economy

P.O. Box 4309

Kiel, Schleswig-Hosltein D-24100

Germany

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The Inherent Benefit of Monetary Unions

CEPR Discussion Paper No. DP11416
Number of pages: 58 Posted: 01 Aug 2016
Dominik Groll and Tommaso Monacelli
Kiel Institute for the World Economy and Bocconi University - Department of Economics
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Abstract:

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commitment, discretion, flexible exchange rates, monetary union, nominal rigidities., welfare losses