Currency Unions High quality books
Currency Unions
By:Alberto Alesina,Robert J. Barro
Published on 2013-11-01 by Hoover Institution Press
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.
This Book was ranked at 18 by Google Books for keyword Nominal rigidity.
Book ID of Currency Unions's Books is I4cnAgAAQBAJ, Book which was written byAlberto Alesina,Robert J. Barrohave ETAG "TwC+/2p+r2E"
Book which was published by Hoover Institution Press since 2013-11-01 have ISBNs, ISBN 13 Code is 9780817928469 and ISBN 10 Code is 0817928464
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Book which have "86 Pages" is Printed at BOOK under CategoryBusiness and Economics
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