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Currency Unions

By: Alberto Alesina (Author) , Robert J Barro (Author)

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Ksh 2,150.00

Format: Paperback or Softback

ISBN-13: 9780817928421

Publisher: Hoover Institution Press,U.S.

Publication Date: Oct 30th, 2001

Weight: 190 grams

Dimension: 22.70 x 15.40 x 0.70 cms

Category: Reference, Information & Interdisciplinary Studies

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Reviews the traditional case for flexible exchange rates and "countercyclical" - that is, expansionary during recessions and contractionary in booms - monetary policy, and shows how flexible exchange rate regimes can better insulate the economy from such real disturbances as terms-of-trade shocks.

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