Core and periphery in the European Monetary Union: Bayoumi and Eichengreen 25 years later
Campos, N. F. & Macchiarelli, C.
(2016).
Core and periphery in the European Monetary Union: Bayoumi and Eichengreen 25 years later.
Economics Letters,
147, 127-130.
https://doi.org/10.1016/j.econlet.2016.07.040
Bayoumi-Eichengreen (1993) establish a EMU core-periphery pattern using 1963-1988 data. We use same methodology, sample, window length (1989-2015), and a novel over-identifying restriction test to ask whether the EMU strengthened or weakened the core-periphery pattern. Our results suggest the latter.
| Item Type | Article |
|---|---|
| Copyright holders | © 2016 The Author |
| Departments | LSE > Academic Departments > European Institute |
| DOI | 10.1016/j.econlet.2016.07.040 |
| Date Deposited | 25 Oct 2016 |
| Acceptance Date | 30 Jul 2016 |
| URI | https://researchonline.lse.ac.uk/id/eprint/68132 |
Explore Further
- E32 - Business Fluctuations; Cycles
- E63 - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization
- F02 - International Economic Order
- http://www.sciencedirect.com/science/article/pii/S0165176516302932 (Publisher)
- https://www.scopus.com/pages/publications/84986274031 (Scopus publication)
- http://www.journals.elsevier.com/economics-letters (Official URL)