Optimal Currency Areas and the Euro, Volume II

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Focusing on the criterion of factor mobility, this volume explores labor and capital mobility within the Euro area and its impact on mitigating economic shocks. The authors utilize applied econometric techniques to analyze the evolution of the Euro and its future prospects. This work is part of a three-volume series examining critical criteria for Optimal Currency Areas, making it valuable for researchers in financial economics, macroeconomics, and economic policy.