Currency unions / / edited by Alberto Alesina and Robert J. Barro
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| Titolo: |
Currency unions / / edited by Alberto Alesina and Robert J. Barro
|
| Pubblicazione: | Stanford, California : , : Hoover Institution Press, Stanford University, , [2001] |
| ©2001 | |
| Descrizione fisica: | 1 online resource (100 p.) |
| Disciplina: | 332.4/566 |
| Soggetto topico: | Monetary unions |
| Monetary policy - International cooperation | |
| Currency question | |
| Debts, External | |
| Financial crises | |
| International trade | |
| International finance | |
| Altri autori: |
AlesinaAlberto
BarroRobert J
|
| Note generali: | Based on a conference held at the Hoover Institution in May 2000. The present volume includes non-technical summaries of these papers. |
| Nota di bibliografia: | Includes bibliographical references and index. |
| Nota di contenuto: | Front Cover; Title Page; Half Title; Copyright; Contents; Acknowledgments; About the Authors; Introduction - Alberto Alesina; Chapter 1: Ecuador and the International Monetary Fund - Stanley Fischer; Chapter 2: One Country, One Currency? - Alberto Alesina, Robert J. Barro; Chapter 3: Dollarization and Integration - Charles Engel, Andrew K. Rose; Chapter 4: An Estimate of the Effect of Currency Unions on Trade and Growth - Jeffrey A. Frankel, Andrew K. Rose; Chapter 5: Reflections on Dollarization - Guillermo A. Calvo, Carmen M. Reinhart |
| Chapter 6: Coping with Terms of Trade Shocks: Pegs versus Floats - Christian BrodaChapter 7: Monetary Independence in Emerging Markets: The Role of the Exchange-rate Regime - Eduardo Borensztein, Jeromin Zettelmeyer; Chapter 8: Dollarization of Liabilities, Financial Fragility, and Exchange-Rate Policy - Luis Felipe Cespedes, Roberto Chang, Andres Velasco; Chapter 9: Do We Really Need a New Global Monetary Compact? - Maurice Obstfeld, Kenneth Rogoff; Index | |
| Sommario/riassunto: | Currency Unions reviews the traditional case for flexible exchange rates and ""countercyclical""-that is, expansionary during recessions and contractionary in booms-monetary 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 rates-and why fixed rates, particularly full dollarization-might 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 h |
| Titolo autorizzato: | Currency unions |
| ISBN: | 0-8179-2848-0 |
| Formato: | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione: | Inglese |
| Record Nr.: | 9910820968803321 |
| Lo trovi qui: | Univ. Federico II |
| Opac: | Controlla la disponibilità qui |
Serie:
Hoover Institution Press publication ; ; 496.