Too much to lose, or more to gain? Should Sweden join the Euro?

This paper considers the costs and benefits of Sweden joining the European Economic and Monetary Union (EMU). We pay particular attention to the costs of abandoning the krona in terms of a loss of monetary policy independence. For this purpose, we apply a cointegrated VAR framework to examine the...

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Bibliographic Details
Main Authors: Reade, J, Volz, U
Format: Working paper
Published: University of Oxford 2009