On The Welfare Benefits of an International Currency

On The Welfare Benefits of an International Currency
Is it beneficial for a country's currency to be used internationally? And, if so, can we quantify the benefit? Since the emergence of the euro, there has been great interest in the consequences of a transfer of the US dollar's premier international role to the euro. Building on recent advancements in the literature on search models of money,... READ MORE...

Publication date: March 2007
ISBN 9781451866131
$18.00

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