Benefit transfer has been an important, practical policy tool appealing to government agencies, especially when time or budget is constrained. However, the existing literature fails to support convergent validity of benefit transfer using the stated-preference method. This empirical study...

"This book proposes that the short-term goal of the current reform of the international monetary system should be a combination of controlling "imbalances" and "the risk of the dollar", namely using the balance of payments coordination mechanism to suppress risks by exchange rate cooperation....