Narrow search
Showing 1 - 3 of 3
Cover Image
The International Monetary System : Living with Asymmetry
Obstfeld, Maurice - 2011
system: international liquidity and exchange rate management. Despite radical changes since World War II in the market … context for liquidity and exchange rate concerns, they remain central to discussions of international macroeconomic policy … coordination. To take two prominent examples of specific (and related) coordination problems, liquidity issues are paramount in …
Persistent link: https://www.econbiz.de/10012461016
Cover Image
Do We Really Need a New International Monetary Compact?
Obstfeld, Maurice - 2000
In recent years, many countries have instituted monetary reforms aimed at improving anti-inflation credibility. Is it a problem, however, that international welfare spillover effects seldom receive much consideration in the design of monetary reforms? Surprisingly, the answer may be no. Under...
Persistent link: https://www.econbiz.de/10012470879
Cover Image
The Effectiveness of Foreign-Exchange Intervention : Recent Experience
Obstfeld, Maurice - 1988
Since the September 1985 Plaza Hotel announcement by the Group of Five industrial countries, a substantial realignment of exchange rates has been achieved. At the same time, foreign exchange market intervention, much of it concerted and much of it sterilized, has been undertaken on a scale not...
Persistent link: https://www.econbiz.de/10012476261