| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1446 |
| DP1446 Competition in Multi-characteristics Spaces: Hotelling was Almost Right | |
| Jacques-François Thisse; Andreas Irmen | |
| 发表日期 | 1996-10-31 |
| 出版年 | 1996 |
| 语种 | 英语 |
| 摘要 | In this paper we analyse the prospects of a mini currency union in Europe. We argue that the Maastricht strategy will create a situation in which the countries excluded from the EMU will use their negative voting power to bar the entry of a number of core countries into the union. The countries excluded will have a strong legal basis to do so because several core countries will fail one or more Maastricht convergence norms. Thus, the scenario that the financial markets believe in today is highly unrealistic. Instead countries will be confronted with the choice of a maxi currency union or no currency union. |
| 主题 | International Macroeconomics |
| 关键词 | Maastricht treaty Monetary integration |
| URL | https://cepr.org/publications/dp1446 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530623 |
| 推荐引用方式 GB/T 7714 | Jacques-François Thisse,Andreas Irmen. DP1446 Competition in Multi-characteristics Spaces: Hotelling was Almost Right. 1996. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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