The Macroeconomics of International Currencies PDF
By:Paul Mizen,Eric J. Pentecost
Published on 1996 by Edward Elgar Pub
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A dozen studies examine the theoretical and empirical consequences of currency substitution, a growing phenomenon in world financial markets and an integral part of financial and exchange-rate developments since the collapse of the Bretton Woods agreement. Among the topics are measuring the co- circulation of currencies, seigniorage and the choice of currency, the yield curve and North American monetary policy, European financial markets, the demand for Deutsche marks before and after the fall of the Berlin Wall, and dollarization in transition economies and in Latin America. Annotation copyright by Book News, Inc., Portland, OR
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