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Common Currencies vs. Monetary Independence Author info | Abstract | Publisher info | Download info | Related research | Statistics Thomas F. Cooley
Vincenzo Quadrini
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We study the optimal monetary policy in a two-country open-economy model under two monetary arrangements: (a) multiple currencies controlled by independent policy makers; (b) common currencies with a centralized policy maker. Copyright The Review of Economic Studies Limited, 2003.
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Article provided by Blackwell Publishing in its journal Review of Economic Studies .
Volume (Year): 70 (2003)
Issue (Month): 4 (October)
Pages: 785-806
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Handle: RePEc:bla:restud:v:70:y:2003:i:4:p:785-806Contact details of provider: Web page: http://www.blackwellpublishing.com/journal.asp?ref=0034-6527
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