The Resource Aftershocks of monetary unification : hysteresis with a financial twist, by Tamim Bayoumi and Barry Eichengreen

Aftershocks of monetary unification : hysteresis with a financial twist, by Tamim Bayoumi and Barry Eichengreen

Label
Aftershocks of monetary unification : hysteresis with a financial twist
Title
Aftershocks of monetary unification
Title remainder
hysteresis with a financial twist
Statement of responsibility
by Tamim Bayoumi and Barry Eichengreen
Creator
Contributor
Author
Language
eng
Summary
Once upon a time, in the 1990s, it was widely agreed that neither Europe nor the United States was an optimum currency area, although moderating this concern was the finding that it was possible to distinguish a regional core and periphery (Bayoumi and Eichengreen, 1993). Revisiting these issues, we find that the United States is remains closer to an optimum currency area than the Euro Area. More intriguingly, the Euro Area shows striking changes in correlations and responses which we interpret as reflecting hysteresis with a financial twist, in which the financial system causes aggregate supply and demand shocks to reinforce each other. An implication is that the Euro Area needs vigorous, coordinated regulation of its banking and financial systems by a single supervisor-that monetary union without banking union will not work
Cataloging source
IDEBK
Dewey number
332.4566094
Illustrations
illustrations
Index
no index present
LC call number
HG925
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Series statement
IMF Working Paper
Series volume
WP/17/55
Label
Aftershocks of monetary unification : hysteresis with a financial twist, by Tamim Bayoumi and Barry Eichengreen
Publication
Copyright
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
ocn985806786
Extent
1 online resource (26 pages)
Form of item
online
Isbn
9781475586954
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other physical details
illustrations (some color), tables, graphs
http://library.link/vocab/ext/overdrive/overdriveId
1004657
http://library.link/vocab/recordID
.b36816504
Specific material designation
remote
System control number
  • (OCoLC)985806786
  • pebc1475586957

Library Locations

    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
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