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In 1993, Czechoslovakia experienced a two-step break-up. On January 1, the country disintegrated as a political union, while preserving an economic and monetary union. Then, the Czech-Slovak monetary union collapsed on February 8. This paper analyzes the economic background of the two break-ups...
Persistent link: https://www.econbiz.de/10008614764
In 1993, Czechoslovakia experienced a two-step break-up. On January 1, the country disintegrated as a political union, while preserving an economic and monetary union. Then, the Czech-Slovak monetary union collapsed on February 8. This paper analyzes the economic background of the two break-ups...
Persistent link: https://www.econbiz.de/10010301220
In 1993, Czechoslovakia experienced a two-fold break-up: On January 1, the country disintegrated as a political union, while preserving an economic and monetary union. Then, the Czech-Slovak monetary union collapsed on February 8. We analyze the economic background of the two break-ups, and...
Persistent link: https://www.econbiz.de/10005247732
and liquidity bubbles. We derive sufficient conditions for equivalence and apply them in the context of the “Chicago Plan …
Persistent link: https://www.econbiz.de/10012052847
apply the equivalence result to the "Chicago Plan", cryptocurrencies, the Indian de-monetization experiment, and Central …
Persistent link: https://www.econbiz.de/10012271930