Browsing Economic and Social Review by Author "Setzer, Ralph"
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Costs of exchange rate volatility for labour markets: empirical evidence from the CEE economies
Belke, Ansgar; Setzer, Ralph (Economic & Social Studies, Dublin, 2003)According to the traditional `optimum currency area? approach, little will be lost from a very hard peg to a currency union if there is little reason for using the exchange rate in response to economic shocks. This paper ...