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~isPartOf:"Macroeconomic policies for EU accession"
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Bordo, Michael D.
47
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43
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41
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38
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28
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14
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1
From Commodity to Fiat and Now to Crypto : What Does History Tell Us?
Eichengreen, Barry
-
2019
maintain their stability is doubtful. The one unit that can clearly meet these challenges is central
bank
digital
currency
. But …Over time, there has been a tendency for political jurisdictions and residents to converge on a single
currency
… uniform
currency
, insofar as it is free of counterparty and liquidity risk, facilitates economic activity. But will digital …
Persistent link: https://www.econbiz.de/10012895472
Saved in:
2
Common
Currency
Versus
Currency
Union : The U.S. Continental Dollar and Denominational Structure, 1775-1776
Grubb, Farley
-
2015
transactions. Congress hoped this
currency
would be held for post-war redemption and would not circulate as
money
during the war … attempted to manage a successful common
currency
when sub-national political entities were allowed to have separate currencies … and run independent monetary policies. Congress created a common
currency
that was too large to use in ordinary …
Persistent link: https://www.econbiz.de/10013011916
Saved in:
3
Is Bitcoin a Real
Currency
? An Economic Appraisal
Yermack, David
-
2013
A bona fide
currency
functions as a medium of exchange, a store of value, and a unit of account, but bitcoin largely … investment than a
currency
…
Persistent link: https://www.econbiz.de/10013071510
Saved in:
4
Strong Sterling Pound and Weak European Currencies in the Crises : Evidence from Covered Interest Parity of Secured Rates
Fukuda, Shin-Ichi
-
2016
deviations across the European currencies in the two crises.
Currency
-specific
money
market risk was critical in explaining the … quality” to the international
currency
. However, in the Euro crisis, that of the Sterling pound became equally low, while the …
Persistent link: https://www.econbiz.de/10012999986
Saved in:
5
Foreign Demand for Domestic
Currency
and the Optimal Rate of Inflation
Schmitt-Grohé, Stephanie
-
2009
More than half of U.S.
currency
circulates abroad. As a result, much of the seignorage income of the United States is … foreign demand for its
currency
. In the absence of such demand, the model implies that the Friedman rule--deflation at the … foreign demand for domestic
currency
is taken into account, the Friedman rule ceases to be Ramsey optimal. Calibrated versions …
Persistent link: https://www.econbiz.de/10013154572
Saved in:
6
Micro, Macro, and Strategic Forces in International Trade Invoicing
Goldberg, Linda S.
-
2009
to be invoiced in the importer's
currency
. We offer a potential theoretical explanation for the empirical link between …
Persistent link: https://www.econbiz.de/10013155028
Saved in:
7
Can Exchange Rates Forecast Commodity Prices?
Chen, Yu-Chin
-
2010
We show that quot;commodity currencyquot; exchange rates have remarkably robust power in predicting global commodity prices, both in-sample and out-of-sample, and against a variety of alternative benchmarks. This result is of particular interest to policymakers, given the lack of deep forward...
Persistent link: https://www.econbiz.de/10012759436
Saved in:
8
Trade and Empire
Mitchener, Kris James
-
2010
establishment of
currency
unions, the monetizing of recently acquired colonies, preferential trade arrangements, and customs unions …
Persistent link: https://www.econbiz.de/10012759567
Saved in:
9
Currency
Choice and Exchange Rate Pass-Through
Gopinath, Gita
-
2010
A central assumption of open economy macro models with nominal rigidities relates to the
currency
in which goods are … priced, whether there is so-called producer
currency
pricing or local
currency
pricing. This has important implications for … exchange rate pass-through and optimal exchange rate policy. We show, using novel transaction level information on
currency
and …
Persistent link: https://www.econbiz.de/10012759802
Saved in:
10
One World
Money
, then and Now
Bordo, Michael D.
-
2009
; political integration via
money
. In this paper we argue that the case for monetary integration is becoming increasingly less … persuasive. In making our case we posit a different concept of
money
to the one that underlay the nineteenth century discussions … in the definition of value in terms of precious metals. In the twentieth century, views of
money
have shifted to a more …
Persistent link: https://www.econbiz.de/10012767361
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