The currency crisis of 1999 in Brazil and the current debt crisis in Argentina has put economic integration in MERCOSUR …

The paper examines if the seven South Asian countries satisfy the criteria to form an optimal currency area. The … currency would accrue from the peace that economic integration would bring between India and Pakistan. The paper also compares …

of US currency. World dollarization partially resolves the “currency enigma” which refers to the anomaly that roughly 80 …% of the US currency supply is “missing” and an estimated ten trillion dollars of cash payments can not be accounted for …. US currency that is used overseas suggests that there is a world wide unrecorded economy that could rival the size of the …

In this paper, we begin the modeling of bond and currency prices from the modeling of the state-price density … satisfying basic properties of a potential. We provide extensive examples and show their implications on bond and currency …

units, Expatriates and all nations with their currency related to US $, are not happy in the current $ dipping situation …

currency now. However, labour market and fiscal institutions have largely retained their national status. The aim of this paper …

Now that four years have passed since the introduction of the euro as a commercial currency, it has become possible to … precisely that. In brief, the euro zone still falls short as an optimal currency area in most respects. In particular, an … adjustment in the new currency area. Instead, a “rigidity trap” has developed in the euro area—which consists of relatively tight …