Narrow search
Showing 1 - 10 of 113
Cover Image
Why Is the Euro Punching Below Its Weight?
Ilzetzki, Ethan - 2020
On the twentieth anniversary of its inception, the euro has yet to expand its role as an international currency. We …, the euro comprises a far smaller share than that of the US dollar. Furthermore, that share has been roughly constant since … 1999. By some measures, the euro plays no larger a role than the Deutschemark and French franc that it replaced. We explore …
Persistent link: https://www.econbiz.de/10012479284
Cover Image
The Rise of the Dollar and Fall of the Euro as International Currencies
Maggiori, Matteo - 2018
article, we provide evidence suggesting a recent rise in the use of the dollar, and fall of the use in the euro, with similar …
Persistent link: https://www.econbiz.de/10012481057
Cover Image
The Emergence of the Euro as an International Currency
Portes, Richard - 1998
The European Union will enter Stage Three of Economic and Monetary Union (EMU) in 1999. The development of euro … financial markets and thickness externalities in the use of the euro as a means of payment will be the major factors determining … the importance of the euro as an international currency. As euro securities markets become deeper and more liquid and …
Persistent link: https://www.econbiz.de/10012472384
Cover Image
The Bretton Woods international monetary system : an historical overview
Bordo, Michael D. - 1992
Persistent link: https://www.econbiz.de/10000109009
Cover Image
The gold standard, Bretton Woods and other monetary regimes : an historical appraisal
Bordo, Michael D. - 1993
Persistent link: https://www.econbiz.de/10000109178
Cover Image
From Benign Neglect to Malignant Preoccupation : U.S. Balance-of-Payments Policy in the 1960s
Eichengreen, Barry - 2000
U.S. balance-of-payments problems in the 1960s remain poorly understood. In this paper I argue that they had two aspects. On the one hand there was a problem of real overvaluation, evident in the erosion of the current account and reflecting the reluctance of the Fed, the Executive and Congress...
Persistent link: https://www.econbiz.de/10012471141
Cover Image
"Unusual, Unstable, Complicated, Unreliable and Temporary" Reinterpreting the Ebb and Flow of Globalization
Bordo, Michael D.; Schenk, Catherine R. - National Bureau of Economic Research - 2021
In 1919, John Maynard Keynes wrote his famous tract The Economic Consequences of the Peace. In that work, he anticipated the collapse of the first era of globalization that began in the mid-nineteenth century. He admonished the short-sighted assumption that these years of relative peace and...
Persistent link: https://www.econbiz.de/10012599404
Cover Image
Hegemonic Stability Theories of the International Monetary System
Eichengreen, Barry - 1987
Specialists in international relations have argued that international regimes operate smoothly and exhibit stability only when dominated by a single, exceptionally powerful national economy. In particular, this "theory of hegemonic stability" has been applied to the international monetary...
Persistent link: https://www.econbiz.de/10012476877
Cover Image
The International Monetary System : Should it be Reconsidered?
Frenkel, Jacob A. - 1987
This paper addresses the question of reform of the international monetary system. It starts by identifying the sources of disenchantment with the performance of the present regime of floating exchange rates and by outlining the reasons for the lack of convergence of views about the...
Persistent link: https://www.econbiz.de/10012476906
Cover Image
International Finance
Obstfeld, Maurice - 1986
This essay written for The New Palgrave dictionary of Ecnomics provides a selective and interpretive account of the development of thought on international financial questions. Attention is focused on the process of international adjustment and on the proper definition of external balance. Since...
Persistent link: https://www.econbiz.de/10012476993