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Currency Unions - Alberto Alesina - Bog

af Alberto Alesina, Robert J Barro
Currency Unions af Alberto Alesina
Bag om 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.

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9780817928421
  • Indbinding:
  • Paperback
  • Sideantal:
  • 86
  • Udgivet:
  • 30. Oktober 2001
  • Størrelse:
  • 154x227x7 mm.
  • Vægt:
  • 190 g.
Leveringstid: 2-4 uger
Forventet levering: 11. Juni 2024

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Beskrivelse af 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.

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