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Eichengreen, Barry; Temin, Peter - 2010

"We describe in this essay why the gold standard and the euro are extreme forms of fixed exchange rates, and how these …

Persistent link: https://www.econbiz.de/10003990891

Currency mismatches, debt intolerance and original sin : why they are not the same and why it matters

Eichengreen, Barry; Hausmann, Ricardo; Panizza, Ugo - 2003

Persistent link: https://www.econbiz.de/10001808700

Crises now and then : what lessons from the last era of financial globalization?

Eichengreen, Barry; Bordo, Michael D. - 2002

Persistent link: https://www.econbiz.de/10001641063

Optimal monetary policy in a "sudden stop"

Braggion, Fabio; Christiano, Lawrence J.; Roldós, Jorge E. - 2007

In the wake of the 1997-98 financial crises, interest rates in Asia were raised immediately, and then reduced sharply. We describe an environment in which this is the optimal monetary policy. The optimality of the immediate rise in the interest rate is an example of the theory of the second...