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  • 标题:The Effects of European Monetary Union on Macroeconomic Performance
  • 本地全文:下载
  • 作者:Durmuş Çağrı Yıldırım
  • 期刊名称:Alternatives: Turkish Journal of International Relations
  • 印刷版ISSN:2146-0809
  • 电子版ISSN:1303-5525
  • 出版年度:2012
  • 卷号:11
  • 期号:2
  • 出版社:Fatih University
  • 摘要:The purpose of this study is to show the effect of monetary union on macroeconomic performance for 24 OECD countries during the period 1988-2009. According to the findings, the European Monetary Union has a positive effect on foreign trade. On the other hand, it has a negative effect. The monetary union set up without a financial union has a negative effect on macroeconomic performance by limiting the implementations of policy makers even if it has a positive contribution on trade. Thus, monetary policy implementations not supported with financial policy have a negative effect on macroeconomic performance
  • 关键词:Monetary Union; European Union; Panel OLS; Gravity Model; Macroeconomic ;Performance
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