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Showing 1 to 1 of 1 for “"Shock asymmetry"”.
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An Assessment of Monetary Integration in the West African Monetary Zone (WAMZ): Feasibility and Trade Implication
… monetary union in the WAMZ, namely the degree of asymmetry in macroeconomic shocks. The study examines the real effective exchange rate (REER) behaviour among the prospective candidates to assess the degree of potential costs of giving up monetary policy autonomy. The evidence reported from VECM, …