000 02020cam a22003257 4500
001 w13740
003 NBER
005 20211020111847.0
006 m o d
007 cr cnu||||||||
008 210910s2008 mau fo 000 0 eng d
100 1 _aEichengreen, Barry.
_99803
245 1 0 _aSui Generis EMU /
_cBarry Eichengreen.
260 _aCambridge, Mass.
_bNational Bureau of Economic Research
_c2008.
300 _a1 online resource:
_billustrations (black and white);
490 1 _aNBER working paper series
_vno. w13740
500 _aJanuary 2008.
520 3 _aThe thesis of this paper is that there is no historical precedent for Europe's monetary union (EMU). While it is possible to point to similar historical experiences, the most obvious of which were in the 19th century, occurred in Europe, and had "union" as part of their names, EMU differs from these earlier monetary unions. The closer one looks the more uncomfortable one becomes with the effort to draw parallels on the basis of historical experience. It is argued that efforts to draw parallels between EMU and monetary unions past are more likely to mislead than to offer useful insights. Where history is useful is not in drawing parallels but in pinpointing differences. It is useful for highlighting what is distinctive about EMU.
530 _aHardcopy version available to institutional subscribers
538 _aSystem requirements: Adobe [Acrobat] Reader required for PDF files.
538 _aMode of access: World Wide Web.
588 0 _aPrint version record
690 7 _aF15 - Economic Integration
_2Journal of Economic Literature class.
690 7 _aN14 - Europe: 1913–
_2Journal of Economic Literature class.
710 2 _aNational Bureau of Economic Research.
830 0 _aWorking Paper Series (National Bureau of Economic Research)
_vno. w13740.
856 4 0 _uhttps://www.nber.org/papers/w13740
856 _yAcceso en lĂ­nea al DOI
_uhttp://dx.doi.org/10.3386/w13740
942 _2ddc
_cW-PAPER
999 _c334371
_d292933