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dc.contributor.authorCarmignani, Fabrizio
dc.date.accessioned2017-05-03T15:41:07Z
dc.date.available2017-05-03T15:41:07Z
dc.date.issued2010
dc.date.modified2013-05-31T00:26:54Z
dc.identifier.issn0963-8024
dc.identifier.doi10.1093/jae/ejp016
dc.identifier.urihttp://hdl.handle.net/10072/48283
dc.description.abstractThe Central African Economic and Monetary Community (CAEMC) has been a monetary union for several decades now. According to the hypothesis of endogenous optimal currency areas (OCAs), the degree of business cycle synchronisation across its member states should be significantly higher today than forty years ago. This paper examines cycle synchronisation along three different statistical dimensions and shows that (i) synchronisation has remained low throughout the period 1960-2007, but (ii) it has marginally increased over time. These findings have important implications for the design of the economic integration process in Africa. A chronology of business cycles in CAEMC countries is provided.
dc.description.peerreviewedYes
dc.description.publicationstatusYes
dc.format.extent175116 bytes
dc.format.mimetypeapplication/pdf
dc.languageEnglish
dc.language.isoen_US
dc.publisherOxford University Press
dc.publisher.placeUnited Kingdom
dc.relation.ispartofstudentpublicationN
dc.relation.ispartofpagefrom25
dc.relation.ispartofpageto51
dc.relation.ispartofissue1
dc.relation.ispartofjournalJournal of African Economies
dc.relation.ispartofvolume19
dc.rights.retentionY
dc.subject.fieldofresearchEconomic Development and Growth
dc.subject.fieldofresearchMacroeconomics (incl. Monetary and Fiscal Theory)
dc.subject.fieldofresearchApplied Economics
dc.subject.fieldofresearchcode140202
dc.subject.fieldofresearchcode140212
dc.subject.fieldofresearchcode1402
dc.titleEndogenous Optimal Currency Areas: the Case of the Central African Economic and Monetary Community
dc.typeJournal article
dc.type.descriptionC1 - Articles
dc.type.codeC - Journal Articles
gro.rights.copyright© 2010 Oxford University Press. This is a pre-copy-editing, author-produced PDF of an article accepted for publication in Brain following peer review. The definitive publisher-authenticated version, Endogenous Optimal Currency Areas: the Case of the Central African Economic and Monetary Community, Brain, Vol. 19(1), 2010, pp. 25-51 is available online at: http://dx.doi.org/10.1093/jae/ejp016.
gro.date.issued2010
gro.hasfulltextFull Text
gro.griffith.authorCarmignani, Fabrizio


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