@techreport{cddb10f33ccb4dfca04ae18480d1ac53,
title = "Currency Unions",
abstract = "A currency union is when several independent sovereign nations share a common currency. This has been a recurring phenomenon in monetary history. In this article I study the theoretical foundations of such unions, and discuss some important currency unions in history, most notably the case of the US. Finally I contrast the design of the EMU with economic theories and historical experiences of currency unions.",
keywords = "Central banks, Fiscal systems, Monetary theory, Monetary policy, Optimum Currency Areas, B27, E42, F33, N11, N13",
author = "Anders {\"O}gren",
year = "2019",
language = "English",
series = "Lund Papers in Economic History. General Issues",
publisher = "Department of Economic History, Lund University",
number = "2019:204",
type = "WorkingPaper",
institution = "Department of Economic History, Lund University",
}