Unavailable
Unavailable
Unavailable
Ebook100 pages1 hour
Currency Unions, edited by Alberto Alesina and Robert J. Barro
Rating: 0 out of 5 stars
()
Currently unavailable
Currently unavailable
About this ebook
This book brings together a diverse group of experts on international monetary policy to examine the basic conceptual issues of currency unions and other monetary regimes, including flexible and fixed exchange rates, and assess the available empirical evidence on the performance of these alternative monetary systems. They also draw some policy conclusions on the desirability of currency unions for countries in various circumstances.
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 a currency union greatly expands the volume of international trade among its members, and examine the recent implementation of dollarization in Ecuador.
Alberto Alesina received his Ph.D. in 1986 from Harvard, where he became a full professor in 1993. He is an editor of the Quarterly Journal of Economics.
Robert J. Barro is a senior fellow at the Hoover Institution and the Robert C. Waggoner Professor of Economics at Harvard University.
Contributors: Alberto Alesina, Robert J. Barro, Eduardo Borensztein, Christian Broda, Guillermo A. Calvo, Felipe Cespedes, Roberto Chang, Charles Engel, Stanley Fischer, Jeffrey A. Frankel, Maurice Obstfeld, Carmen M. Reinhart, Kenneth Rogoff, Andrew K. Rose, Andres Velasco, Jeromin Zettelmeyer
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 a currency union greatly expands the volume of international trade among its members, and examine the recent implementation of dollarization in Ecuador.
Alberto Alesina received his Ph.D. in 1986 from Harvard, where he became a full professor in 1993. He is an editor of the Quarterly Journal of Economics.
Robert J. Barro is a senior fellow at the Hoover Institution and the Robert C. Waggoner Professor of Economics at Harvard University.
Contributors: Alberto Alesina, Robert J. Barro, Eduardo Borensztein, Christian Broda, Guillermo A. Calvo, Felipe Cespedes, Roberto Chang, Charles Engel, Stanley Fischer, Jeffrey A. Frankel, Maurice Obstfeld, Carmen M. Reinhart, Kenneth Rogoff, Andrew K. Rose, Andres Velasco, Jeromin Zettelmeyer
Unavailable
Related to Currency Unions, edited by Alberto Alesina and Robert J. Barro
Related ebooks
Currency Unions Rating: 0 out of 5 stars0 ratingsGovernance in a Global Economy: Political Authority in Transition Rating: 0 out of 5 stars0 ratingsReflections on Allan H. Meltzer's Contributions to Monetary Economics and Public Policy Rating: 0 out of 5 stars0 ratingsIntegrating Regions: Asia in Comparative Context Rating: 0 out of 5 stars0 ratingsThe Nexus of Economics, Security, and International Relations in East Asia Rating: 0 out of 5 stars0 ratingsRules for International Monetary Stability: Past, Present, and Future Rating: 0 out of 5 stars0 ratingsDebating Arab Authoritarianism: Dynamics and Durability in Nondemocratic Regimes Rating: 0 out of 5 stars0 ratingsStrained Relations: US Foreign-Exchange Operations and Monetary Policy in the Twentieth Century Rating: 0 out of 5 stars0 ratingsThe Academic Profession: National, Disciplinary, and Institutional Settings Rating: 0 out of 5 stars0 ratingsInternational Finance and Accounting Handbook Rating: 0 out of 5 stars0 ratingsInternational Trade and Central Planning: An Analysis of Economic Interactions Rating: 0 out of 5 stars0 ratingsAmerica in the World 2020 Rating: 0 out of 5 stars0 ratingsPolitical Parties and National Integration in Tropical Africa Rating: 0 out of 5 stars0 ratingsThe Cultural Wealth of Nations Rating: 0 out of 5 stars0 ratingsThe Contemporary Middle East in an Age of Upheaval Rating: 0 out of 5 stars0 ratingsModern Japanese Organization and Decision-Making Rating: 0 out of 5 stars0 ratingsWhat's Wrong with Modern Money Theory?: A Policy Critique Rating: 0 out of 5 stars0 ratingsRegulating Capital: Setting Standards for the International Financial System Rating: 0 out of 5 stars0 ratingsThe Legacy of Richard E. Wagner Rating: 0 out of 5 stars0 ratingsNative Capital: Financial Institutions and Economic Development in São Paulo, Brazil, 1850-1920 Rating: 0 out of 5 stars0 ratingsThe Foreign Policy of Modern Japan Rating: 0 out of 5 stars0 ratingsThe Future of the Dollar Rating: 0 out of 5 stars0 ratingsThe Great Wall of Money: Power and Politics in China's International Monetary Relations Rating: 0 out of 5 stars0 ratingsConfronting Global Neoliberalism: Third World Resistance and Development Strategies Rating: 0 out of 5 stars0 ratingsForever Contemporary Rating: 5 out of 5 stars5/5Behavioral Economics and Its Applications Rating: 5 out of 5 stars5/5The Globalizers: The IMF, the World Bank, and Their Borrowers Rating: 4 out of 5 stars4/5Birth of Hegemony: Crisis, Financial Revolution, and Emerging Global Networks Rating: 0 out of 5 stars0 ratingsBalance Sheet: The Iraq War and U.S. National Security Rating: 0 out of 5 stars0 ratings
Economics For You
The Richest Man in Babylon: The most inspiring book on wealth ever written Rating: 5 out of 5 stars5/5Think in Systems: The Art of Strategic Planning, Effective Rating: 4 out of 5 stars4/5The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5Economics 101: From Consumer Behavior to Competitive Markets--Everything You Need to Know About Economics Rating: 4 out of 5 stars4/5A History of Central Banking and the Enslavement of Mankind Rating: 5 out of 5 stars5/5Economics For Dummies, 3rd Edition Rating: 5 out of 5 stars5/5Predictably Irrational, Revised and Expanded Edition: The Hidden Forces That Shape Our Decisions Rating: 4 out of 5 stars4/5Quiet Leadership: Six Steps to Transforming Performance at Work Rating: 4 out of 5 stars4/5Divergent Mind: Thriving in a World That Wasn't Designed for You Rating: 4 out of 5 stars4/5You Can't Lie to Me: The Revolutionary Program to Supercharge Your Inner Lie Detector and Get to the Truth Rating: 4 out of 5 stars4/5Chip War: The Fight for the World's Most Critical Technology Rating: 4 out of 5 stars4/5Wise as Fu*k: Simple Truths to Guide You Through the Sh*tstorms of Life Rating: 4 out of 5 stars4/5Everybody Lies: Big Data, New Data, and What the Internet Can Tell Us About Who We Really Are Rating: 4 out of 5 stars4/5Bottle of Lies: The Inside Story of the Generic Drug Boom Rating: 4 out of 5 stars4/5Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism Rating: 4 out of 5 stars4/5Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail Rating: 4 out of 5 stars4/5The Lords of Easy Money: How the Federal Reserve Broke the American Economy Rating: 4 out of 5 stars4/5Nickel and Dimed: On (Not) Getting By in America Rating: 4 out of 5 stars4/5Economics: The User's Guide Rating: 4 out of 5 stars4/5Capital in the Twenty-First Century Rating: 4 out of 5 stars4/5Confessions of an Economic Hit Man, 3rd Edition Rating: 5 out of 5 stars5/5Sex Trafficking: Inside the Business of Modern Slavery Rating: 4 out of 5 stars4/5The Physics of Wall Street: A Brief History of Predicting the Unpredictable Rating: 4 out of 5 stars4/5A People's Guide to Capitalism: An Introduction to Marxist Economics Rating: 4 out of 5 stars4/5Talking to My Daughter About the Economy: or, How Capitalism Works--and How It Fails Rating: 4 out of 5 stars4/5Disrupting Sacred Cows: Navigating and Profiting in the New Economy Rating: 0 out of 5 stars0 ratingsThe Hard Truth About Soft Skills: Soft Skills for Succeeding in a Hard Wor Rating: 3 out of 5 stars3/5
Reviews for Currency Unions, edited by Alberto Alesina and Robert J. Barro
Rating: 0 out of 5 stars
0 ratings
0 ratings0 reviews