What does OCA stand for?

Optimum Currency Area

This definition appears very rarely and is found in the following Acronym Finder categories:

Business, finance, etc.

Other Resources:

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Samples in periodicals archive:

9781412807487 Monetary policy and macroeconomic stabilization; the roles of optimum currency areas, sacrifice ratios, and labor market adjustment.

Monetary policy and macroeconomic stabilization; the roles of optimum ...

Convergence factors can also be gathered from various theories on Optimum Currency Area proposed by Mundell (1961), McKinnon (1963), Tavlas (1993), and Lavrac and Zumer (2003).

EMU convergence prospects and transition countries

Sharing similar institutional arrangements and socio-cultural values is not enough to create an optimum currency area," Cevik wrote in the Morgan Stanley report.

Dollar slide: is the Gulf ready to cut loose? No doubt about it, the ...

The present paper extends the theory of optimum currency areas to deal with this choice.

New Working Papers from Norges Bank

And it is widely accepted that the introduction of a common currency into a less than optimum currency area leads to more, not less, unemployment.

The Crisis of Europe's Centralized Federalism

Similarly, high correlations between capital flows shocks indicate that real exchange rates are adjusting in the same direction, which is another criterion for an optimum currency area.

International Monetary Regimes and Incidence and Transmission of ...

His work on monetary dynamics and optimum currency areas has inspired generations of researchers.

NOBEL FOR ECONOMICS GOES TO WORK ON EXCHANGE RATES

Direct examination of the criteria for an optimum currency area for the EC member countries suggests that regional problems are likely.

Progress toward a European monetary union