An empirical assessment of the Optimum Currency Areas Theory: Turkey and the EMU Countries
I. Ozer, I. Ozkan. Hacettepe University
- Fuzzy Economic Review: Volume XIII, Number 1. May 2008
- DOI: 10.25102/fer.2008.01.01
This study aims to analyze Turkey and the EMU countries in the light of criteria suggested by the optimum currency areas (OCA) theory and the Maastricht criteria. To this end, we follow a novel approach with an application of fuzzy c-means (FCM) clustering. The results show that the application of…Read more...