Free Delivery Over $100
|
|
|||
|
||||
OverviewCurrency 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. Full Product DetailsAuthor: Alberto Alesina , Robert J Barro (Harvard University)Publisher: Hoover Institution Press Imprint: Hoover Institution Press Volume: 496 ISBN: 9780817928476ISBN 10: 0817928472 Publication Date: 01 October 2001 Audience: General/trade , General Format: Hardback Publisher's Status: Active Availability: In stock  We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately. Table of ContentsReviewsAuthor InformationAlberto Alesina received his Ph.D. in 1986 from Harvard, where he became a full professor in 1993. Robert J. Barro is a senior fellow at the Hoover Institution and the Robert C. Waggoner Professor of Economics at Harvard University. He is an editor of the Quarterly Journal of Economics. Tab Content 6Author Website:Countries AvailableAll regions |
||||
