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Currency unions

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서명/저자사항Currency unions/ edited by Alberto Alesina and Robert J. Barro.
개인저자Alesina, Alberto,
Barro, Robert J,
형태사항1 online resource (xxi, 86 pages): illustrations.
총서사항Hoover Institution Press publication;number 496
기타형태 저록Print version: Currency unions 0817928421
ISBN9780817928483
0817928480
9780817928469
0817928464


일반주기 Based on a conference held at the Hoover Institution in May 2000. The present volume includes non-technical summaries of these papers.
서지주기Includes bibliographical references and index.
내용주기Ecuador and the international monetary fund / Stanley Fischer -- One country, one currency? / Alberto Alesina and Robert J. Barro -- Dollarization and integration / Charles Engel and Andrew K. Rose -- Reflections on dollarization / Guillermo A. Calvo and Carmen M. Reinhard -- Coping with terms of trade shocks: pegs versus floats / Christian Broda -- Monetary independence in emerging markets: the role of the exchange-rate regime / Eduardo Borensztein and Jeromin Zettelmeyer -- Dollarization of liabilities, financial fragility, and exchange-rate policy / Luis Felipe C?spedes, Roberto Chang, and Andr?s Velasco -- Do we really need a new global monetary compact? / Maurice Obstfeld and Kenneth Rogoff.
이용제한사항Use copy
요약Currency Unions reviews the traditional case for flexible exchange rates and countercyclicalthat is, expansionary during recessions and contractionary in boomsmonetary policy, and shows how flexible exchange rate regimes can better insulate the economy from such real disturbances as terms-of-trade shocks. The book also looks at the pitfalls of flexible exchange ratesand why fixed rates, particularly full dollarizationmight be a more sensible choice for some emerging-market countries. The contributors also detail the factors that determine the optimal sizes of currency unions, explain how currency union greatly expands the volume of international trade among its members, and examine the recent implementation of dollarization in Ecuador.
복제주기Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010.
시스템주기Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
주제명(단체명)International Monetary Fund
International Monetary Fund.
일반주제명Monetary unions --Congresses.
Monetary policy --International cooperation --Congresses.
Currency question --Congresses.
Debts, External --Congresses.
Financial crises --Congresses.
International trade --Congresses.
International finance --Congresses.
Unions mon?taires --Congr?s.
Politique mon?taire.
Dettes ext?rieures.
Commerce international.
BUSINESS & ECONOMICS --Finance.
BUSINESS & ECONOMICS --Money & Monetary Policy.
Currency question.
Debts, External.
Financial crises.
International finance.
International trade.
Monetary policy --International cooperation.
Monetary unions.
W?hrungsunion
Internationale Finanzpolitik
Kongress
언어영어
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