Currency unions:
What is the optimal number of currencies in the world? Common currencies affect trading costs and, thereby, the amounts of trade, output, and consumption. From the perspective of monetary policy, the adoption of another country's currency trades off the benefits of commitment to price stability...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Cambridge, Mass.
NBER
2000
|
| Schriftenreihe: | NBER working paper series
7927 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | What is the optimal number of currencies in the world? Common currencies affect trading costs and, thereby, the amounts of trade, output, and consumption. From the perspective of monetary policy, the adoption of another country's currency trades off the benefits of commitment to price stability against the loss of an independent stabilization policy. The nature of the tradeoff depends on co-movements of disturbances, on distance, trading costs, and on institutional arrangements such as the willingness of anchor countries to accommodate to the interests of clients. |
| Beschreibung: | 48 S. 22 cm |
Internformat
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| 520 | |a What is the optimal number of currencies in the world? Common currencies affect trading costs and, thereby, the amounts of trade, output, and consumption. From the perspective of monetary policy, the adoption of another country's currency trades off the benefits of commitment to price stability against the loss of an independent stabilization policy. The nature of the tradeoff depends on co-movements of disturbances, on distance, trading costs, and on institutional arrangements such as the willingness of anchor countries to accommodate to the interests of clients. | ||
| 650 | 4 | |a Währungsunion / Optimaler Währungsraum / Währungssubstitution / Theorie | |
| 700 | 1 | |a Barro, Robert J. |d 1944- |e Verfasser |0 (DE-588)124548105 |4 aut | |
| 776 | 0 | 8 | |i Erscheint auch als |n Online-Ausgabe |
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Datensatz im Suchindex
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| id | DE-604.BV023589691 |
| illustrated | Not Illustrated |
| index_date | 2024-07-02T22:41:25Z |
| indexdate | 2024-07-09T21:25:07Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-016905021 |
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| physical | 48 S. 22 cm |
| publishDate | 2000 |
| publishDateSearch | 2000 |
| publishDateSort | 2000 |
| publisher | NBER |
| record_format | marc |
| series | NBER working paper series |
| series2 | NBER working paper series |
| spelling | Alesina, Alberto 1957-2020 Verfasser (DE-588)125845804 aut Currency unions Alberto Alesina ; Robert J. Barro Cambridge, Mass. NBER 2000 48 S. 22 cm txt rdacontent n rdamedia nc rdacarrier NBER working paper series 7927 What is the optimal number of currencies in the world? Common currencies affect trading costs and, thereby, the amounts of trade, output, and consumption. From the perspective of monetary policy, the adoption of another country's currency trades off the benefits of commitment to price stability against the loss of an independent stabilization policy. The nature of the tradeoff depends on co-movements of disturbances, on distance, trading costs, and on institutional arrangements such as the willingness of anchor countries to accommodate to the interests of clients. Währungsunion / Optimaler Währungsraum / Währungssubstitution / Theorie Barro, Robert J. 1944- Verfasser (DE-588)124548105 aut Erscheint auch als Online-Ausgabe NBER working paper series 7927 (DE-604)BV002801238 7927 http://papers.nber.org/papers/w7927.pdf kostenfrei Volltext |
| spellingShingle | Alesina, Alberto 1957-2020 Barro, Robert J. 1944- Currency unions NBER working paper series Währungsunion / Optimaler Währungsraum / Währungssubstitution / Theorie |
| title | Currency unions |
| title_auth | Currency unions |
| title_exact_search | Currency unions |
| title_exact_search_txtP | Currency unions |
| title_full | Currency unions Alberto Alesina ; Robert J. Barro |
| title_fullStr | Currency unions Alberto Alesina ; Robert J. Barro |
| title_full_unstemmed | Currency unions Alberto Alesina ; Robert J. Barro |
| title_short | Currency unions |
| title_sort | currency unions |
| topic | Währungsunion / Optimaler Währungsraum / Währungssubstitution / Theorie |
| topic_facet | Währungsunion / Optimaler Währungsraum / Währungssubstitution / Theorie |
| url | http://papers.nber.org/papers/w7927.pdf |
| volume_link | (DE-604)BV002801238 |
| work_keys_str_mv | AT alesinaalberto currencyunions AT barrorobertj currencyunions |