Financial Liberalization and Macroeconomic Stability

Torben M. Andersen (Editor), Karl-Ove Moene (Editor)

ISBN: 978-0-631-20349-0

Paperback

162 pages

August 1997, Wiley-Blackwell

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1. Contagious Currency Crises: First Tests: Barry Eichengreen (University of California, USA) and Andrew Rose (University of California, USA) and Charles Wyplosz (Graduate Institute of International Studies, Geneva).

2. The Credibility of a Fixed Exchange Rate - How Reputation is gained or Lost: Steinar Holden (University of Oslo, Norway) and Birger Vikoren (Norges Bank, Norway).

3. Would a Tobin Tax have Saved the EMS?: Olivier Jeanne (CERAS, Paris).

4. Financial Market Integration and Macroeconomic Volatility: Alan Sutherland (University of York, UK).

5. Monetary Integration in Europe: Implications for Real Interest Rates and Stock Markets: Matthew B. Canzoneri (Georgetown University, Washington, USA) and Harris Dellas (Catholic University of Leuven, Belgium).

6. Exchange Rate versus Price Level Targets and Output Stability: Asbjorn Rodseth (University of Oslo, Norway).

7. Does Financial Deregulation Cause a Consumption Boom?: Jonas Agell (University of Uppsala, Sweden) and Lennart Berg (University of Uppsala, Sweden).

8. Inviting Excess Volatility? Opening Up a Small Stock Market to International Investors: Peter Sellin (Sveriges Riksbank, Sweden).