1. The sixth Lord Robbins memorial lecture : reform of the international monetary system / Robert A. Mundell -- 2. The state of the world economy / introduced by Paul A. Samuelson -- 3. The euro in Europe and the world / introduced by Christopher Johnson -- 4. Monetary policy and economic growth...

The contributions to this volume offer an insight into the way that economists analyse the causes of money (mis)management in the US, Latin America, Europe and Japan, and prescribe stabilizing reforms. The mechanisms that link monetary policy - including foreign exchange regimes and the...

This paper studies the interdependence between fiscal and monetary policies, and their joint role in the determination of the price level. The government is characterized by a long-run fiscal policy rule whereby a given fraction of the outstanding debt, say , is backed by the present discounted...