voprecotestВопросы экономикиVoprosy Ekonomiki0042-8736Voprosy Ekonomiki, NP10.32609/0042-8736-2006-6-35-46voprecotest-1747Research ArticleВАЛЮТНАЯ ПОЛИТИКАCURRENCY POLICYО перспективе установления фиксированного курса между долларом и евроOn the Prospects of a Currency Union between the USA and the Euro AreaОлейновА.OleinovA.

кандидат экономических наук, старший преподаватель кафедры прикладного анализа международных проблем

 

МГИМО (У)РоссияMGIMO UniversityRussian Federation200620062006063546Copyright © Voprosy Ekonomiki, NP, 20062006Voprosy Ekonomiki, NPVoprosy Ekonomiki, NPhttps://www.vopreco.ru/jour/about/submissions#copyrightNoticehttps://www.vopreco.ru/jour/article/view/1747

В статье исследуется возможность создания валютного союза между США и зоной евро. В качестве теоретической базы анализа используется модель Р. Барро и Д. Гордона и модель валютного союза А. Диксита, являющаяся дальнейшим обобщением модели Барро-Гордона. Выведенное на основе этих моделей условие создания валютного союза рассчитано на базе ряда макроэкономических показателей США и зоны евро за 1980-2004 гг.

The article examines the welfare implications of the USA and the Euro area joining a currency union as opposed to operating in a flexible exchange rate regime. The condition for the USA and Euro area to create a monetary union is derived from the Barro–Gorden model and the theoretical model of currency union proposed by A. Dixit that is a direct generalization of Barro–Gordon model. This condition is estimated on the USA and Euro area macroeconomic data from 1980 to 2004.

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The authors declare that there are no conflicts of interest present.