Readership: Academics, researchers, and economists in governmental, commercial, research, and policy-making organizations.
Edited by Volbert Alexander, University of Giessen, Germany, George M. von Furstenberg, Indiana University, USA, and Jacques Mélitz, University of Strathclyde, Scotland, CREST, Paris, and CEPR
Robert A. Mundell: Preface
1: Volbert Alexander, Jacques Mélitz, and George M. von Furstenberg: Editorial Introduction
Part I: Current and Past Concepts of Monetary Union
2: Dominick Salvatore, Fordham University, New York: Euroization, Dollarization and the International Monetary System
3: Ignazio Angeloni, European Central Bank, Frankfurt: Unilateral and Multilateral Currency Unions: Thoughts from an EMU Perspective
4: Gerald P. Dwyer, Jr., Federal Reserve Bank of Atlanta and James R. Lothian, Fordham University, New York: International Money and Common Currencies in Historical Perspective
Part II: Trade and Price Effects of Monetary Union
5: Jacques Mélitz, University of Strathclyde, Glasgow, UK: Geography, Trade and Currency Union
6: Volker Nitsch, Bankgesellschaft Berlin: Comparing Apples and Oranges: The Effect of Multilateral Currency Unions on Trade
7: Andrew K. Rose, University of California, Berkeley: The Effect of Common Currencies on International Trade: a Meta-Analysis
8: Alberto E. Isgut, Wesleyan University, Middletown CT: Common Currencies and Market Integration Across Cities: How Strong is the Link?Common Currencies and Market Integration Across Cities: How Strong is the Link?
Part III: Monetary Integration In Latin America
9: Eduardo Fernández-Arias, Ugo Panizza, and Ernesto Stein, Inter-American Development Bank, Washington, DC: Trade Agreements, Exchange Rate Disagreements
10: Guillermo A. Calvo, Alejandro Izquierdo, and Ernesto Talvi, Inter-American Development Bank: Sudden Stops, the Real Exchange Rate and Fiscal Sustainability: Argentina's Lessons
11: Augusto de la Torre, World Bank, Eduardo Levy Yeyati, UTDT (Argentina), and Sergio L. Schmuckler, World Bank: Living and Dying with Hard Pegs: The Rise and Fall of Argentina's Currency Board
12: Guillermo Perry and Luis Servén, World Bank: Anatomy of a Multiple Crisis: Why Was Argentina Special and What Have We Learned from It?
Part IV: Common Monies, Political Interests, and Infrastructure
13: Benjamin J. Cohen, University of California, Santa Barbara: America's Interest in Dollarization
14: Edgar L. Feige, University of Wisconsin, Madison and James W. Dean, Simon Fraser University, Vancouver: Dollarization and Euroization in Transition Countries: Currency Substitution, Asset Substitution, Network Externalities and Irreversibility
15: Cláudia Costa Storti, Banco de Portugal and Paul De Grauwe, University of Leuven and CEPR: Electronic Money and The Optimal Size Of Monetary Unions
16: Hans Genberg, Graduate Institute of International Studies in Geneva, Switzerland: Currency Substitution in Anticipation of EU Accession
17: Charles M. Kahn, University of Illinois, Urbana-Champaign and João A. C. Santos, Federal Reserve Bank of New York: Allocating Lending of Last Resort and Supervision in the Euro Area