Econ Journal Watch

Scholarly Comments on Academic Economics

There Was No Analytical Alternative to the Theory of Optimum Currency Areas

by Peter B. Kenen

Abstract

A comment on Lars Jonung and Eoin Drea’s (2010) article, “It Can’t Happen, It’s a Bad Idea, It Won’t Last: U.S. Economists on the EMU and the Euro, 1989-2002.” Econ Journal Watch 7(1):4-52. Link

in Economics in Practice

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Full Article [PDF]
Volume (Issue)
7(1)
Pages
73-75
Published
JEL classification
B22, E42, E5, F02, F33 and F41
Keywords
Euro, optimum currency area, European Central Bank (ECB), Economic and Monetary Union (EMU), Federal Reserve System, monetary unification, Europe, United States.
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