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Pre-Lecture Assignment

Pre-Lecture Assignment. Is the EMU an OCA? Compare the current EMU against the ideas presented in the OCA theories What about EU27? Search the Internet for sources

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Pre-Lecture Assignment

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  1. Pre-Lecture Assignment • Is the EMU an OCA? • Compare the current EMU against the ideas presented in the OCA theories • What about EU27? • Search the Internet for sources • If you have trouble finding sources, you can read: 1. Mongelli, F. and Vega, J.L. (2006) “What Effects is EMU Having on the Euro Area and its Member Countries?”, ECB working paper series No. 599 /March 2006. http://www.ecb.int/pub/pdf/scpwps/ecbwp599.pdf 2. A.K. Rose (2008): EMU, Trade and Business Cycle Synchronization http://faculty.haas.berkeley.edu/arose/EMUMeta.pdf • Notice, that these are written before the crisis! • Notice, that you may not be able to give a definite answer…

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