Currency Unions

Business & Finance, Economics, Money & Monetary Policy
Cover of the book Currency Unions by Alberto Alesina, Robert J. Barro, Hoover Institution Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Alberto Alesina, Robert J. Barro ISBN: 9780817928469
Publisher: Hoover Institution Press Publication: November 1, 2013
Imprint: Hoover Press Language: English
Author: Alberto Alesina, Robert J. Barro
ISBN: 9780817928469
Publisher: Hoover Institution Press
Publication: November 1, 2013
Imprint: Hoover Press
Language: English

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 how currency union greatly expands the volume of international trade among its members, and examine the recent implementation of dollarization in Ecuador.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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 how currency union greatly expands the volume of international trade among its members, and examine the recent implementation of dollarization in Ecuador.

More books from Hoover Institution Press

Cover of the book The Struggle across the Taiwan Strait by Alberto Alesina, Robert J. Barro
Cover of the book Keeping the Lights on at America's Nuclear Power Plants by Alberto Alesina, Robert J. Barro
Cover of the book Gambling with Other People's Money by Alberto Alesina, Robert J. Barro
Cover of the book Rules for International Monetary Stability by Alberto Alesina, Robert J. Barro
Cover of the book Warriors and Citizens by Alberto Alesina, Robert J. Barro
Cover of the book Iraq after America by Alberto Alesina, Robert J. Barro
Cover of the book The Struggle for Mastery in the Fertile Crescent by Alberto Alesina, Robert J. Barro
Cover of the book Getting Off Track by Alberto Alesina, Robert J. Barro
Cover of the book What Lies Ahead for America's Children and Their Schools by Alberto Alesina, Robert J. Barro
Cover of the book Moscow has Ears Everywhere by Alberto Alesina, Robert J. Barro
Cover of the book Nuclear Enterprise by Alberto Alesina, Robert J. Barro
Cover of the book Politicizing Science by Alberto Alesina, Robert J. Barro
Cover of the book Liberty and Research and Development by Alberto Alesina, Robert J. Barro
Cover of the book Islamism and the Future of the Christians of the Middle East by Alberto Alesina, Robert J. Barro
Cover of the book Eric Hoffer by Alberto Alesina, Robert J. Barro
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy