EURO FROM THE VIEWPOINT OF SELECTED ECONOMIC THEORIES (Euro w ujeciu wybranych teorii ekonomii)

• Authors: Dudek Maciej K.
• Languages of publication: PL

Abstracts

EN

The objective of the paper is to present some arguments stemming from economic theories which tend to be overlooked in the debate on adoption of the common currency. The paper focuses on the issues of welfare and efficiency. In particular, the article is devoted to an analysis of the origins of transaction costs, the role of stabilization policies, market completeness and informational issues in the process of the determination of the optimal currency system. The paper shows that insights gained from economic theory on the issue of the adoption of euro as a common currency can in a meaningful and interesting manner complement the so far known results.

Keywords

EN

EFFICIENCY; EURO; OPTIMAL CURRENCY AREAS; STABILIZATION; TRANSACTION COSTS; WELFARE

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Komitet Nauk Ekonomicznych PAN, Polskie Towarzystwo Ekonomiczne
• Journal: Ekonomista
• Year: 2009
• Issue: 6
• Pages: 743-760
• Document type: ARTICLE

Contributors

author

Dudek Maciej K.

• Maciej K. Dudek, Szkola Glówna Handlowa w Warszawie, al. Niepodleglosci 162, 02-554 Warszawa, Poland

Identifiers

CEJSH db identifier

10PLAAAA074724