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The rules of the game : international money and exchange rates /

The Rules of the Game brings together essays written over the course of thirty years by a major figure in the field. McKinnon analyzes and compares a wide variety of important international monetary regimes: the establishment of the gold standard in the nineteenth century, Bretton Woods, the dollar...

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Основен автор: McKinnon, Ronald I.
Формат: Електронна книга
Език: English
Публикувано: Cambridge, Mass. : MIT Press, ℗♭1996.
Предмети:
Онлайн достъп: http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=11373
Подобни документи: Print version:: Rules of the game.
Съдържание:
  • 1. Introduction
  • 2. The Rules of the Game: International Money in Historical Perspective
  • 3. Exchange Risk and Interest Rate Volatility in Historical Perspective
  • 4. An International Gold Standard without Gold
  • 5. Private and Official International Money: The Case for the Dollar, 1969
  • 6. Sterilization in Three Dimensions: Major Trading Countries, Eurocurrencies, and the United States
  • 7. Currency Substitution and Instability in the World Dollar Standard
  • 8. Why U.S. Monetary Policy Should Be Internationalized
  • 9. Money Supply versus Exchange-Rate Targeting: An Asymmetry between the United States and Other Industrial Economies
  • 10. Optimum Currency Areas
  • 11. Optimum World Monetary Arrangements and the Dual-Currency System
  • 12. Floating Foreign-Exchange Rates, 1973-74: The Emperor's New Clothes
  • 13. The Exchange Rate and Macroeconomic Policy: Changing Postwar Perceptions
  • 14. Exchange-Rate Instability, Trade Imbalances, and Monetary Policies in Japan and the United States
  • 15. Monetary Control and the Crawling Peg
  • 16. Two Concepts of International Currency Substitution
  • 17. Why Floating Exchange Rates Fail: A Reconsideration of the Liquidity Trap
  • 18. Floating Exchange Rates and the New Interbloc Protectionism: Tariffs versus Quotas
  • 19. A Common Monetary Standard or a Common Currency for Europe? Fiscal Lessons from the United States
  • 20. Monetary and Exchange-Rate Policies for International Financial Stability: A Proposal
  • 21. The Monetary Road to Postwar Prosperity: Marshall-Dodge or Bretton Woods?
  • 22. From Plaza-Louvre to a Common Monetary Standard for the Twenty-First Century
  • Appendix: McKinnon's Handy Reference Guide to the Rules of the Game.