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The International Role of the Dollar: Theory and Prospect

In: Exchange Rate Theory and Practice

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Paul R. Krugman

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This chapter was published in: Paul R. Krugman Exchange Rate Theory and Practice, , pages 261-278, 1984.

This item is provided by National Bureau of Economic Research, Inc in its series NBER Chapters with number 6838.

Handle: RePEc:nbr:nberch:6838

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Related research
This chapter was published in the following book, which is listed on IDEAS:
John F. O. Bilson & Richard C. Marston, 1984. "Exchange Rate Theory and Practice," NBER Books, National Bureau of Economic Research, Inc, number bils84-1.
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  1. John Murray & James Powell, 2002. "Dollarization in Canada: The Buck Stops There," Technical Reports 90, Bank of Canada. [Downloadable!]
  2. Prakash Kannan, 2007. "On the Welfare Benefits of an International Currency," IMF Working Papers 07/49, International Monetary Fund. [Downloadable!]
    Other versions:
  3. Menzie D. Chinn & Jeffrey A. Frankel, 2008. "The Euro May Over the Next 15 Years Surpass the Dollar as Leading International Currency," NBER Working Papers 13909, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  4. Gabriele Galati & Philip Wooldridge, 2009. "The euro as a reserve currency: a challenge to the pre-eminence of the US dollar?," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 14(1), pages 1-23. [Downloadable!]
    Other versions:
  5. Eichengreen, Barry & Flandreau, Marc, 2008. "The Rise and Fall of the Dollar, or When did the Dollar Replace Sterling as the Leading Reserve Currency?," CEPR Discussion Papers 6869, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  6. Miguel Lebre de Freitas, 2004. "Currency Substitution, portfolio Diversification and Money Demand," NIPE Working Papers 9/2004, NIPE - Universidade do Minho. [Downloadable!]
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  7. Carsten Detken & Philipp Hartmann, 2000. "The Euro and International Capital Markets," EUI-RSCAS Working Papers 27, European University Institute (EUI), Robert Schuman Centre of Advanced Studies (RSCAS). [Downloadable!]
    Other versions:
  8. Flandreau, Marc & Jobst, Clemens, 2006. "The Empirics of International Currencies: Historical Evidence," CEPR Discussion Papers 5529, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  9. Qian, Ying & Varangis, Panos, 1992. "Does exchange rate volatility hinder export growth? Additional evidence," Policy Research Working Paper Series 911, The World Bank. [Downloadable!]
  10. Ayoub Yousefi, 2000. "Merchandise Trade Balances of Less Developed Countries and Exchange Rate of the U.S. Dollar: Cases of Iran, Venezuela & Saudi Arabia," Working Papers 00002, University of Waterloo, Department of Economics, revised Feb 2000. [Downloadable!]
  11. George Alogoskoufis & Richard Portes, 1991. "International Costs and Benefits from EMU," NBER Working Papers 3384, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  12. Robert McCauley, 1999. "The Euro and the Dollar, 1998," Open Economies Review, Springer, vol. 10(1), pages 91-133, February. [Downloadable!] (restricted)
  13. Kiminori Matsuyama, 1991. "Toward a Theory of International Currency," Discussion Papers 931, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
    Other versions:
  14. Devereux, Michael B & Shi, Kang & Xu, Juanyi, 2004. "Global Monetary Policy Under a Dollar Standard," CEPR Discussion Papers 4317, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
  15. Martin Uribe, 1995. "Hysteresis in a simple model of currency substitution," International Finance Discussion Papers 509, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    Other versions:
  16. Richard Portes & Helene Rey, 1998. "The Emergence of the Euro as an International Currency," NBER Working Papers 6424, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  17. Portes, Richard, 2001. "The Euro and the International Financial System," CEPR Discussion Papers 2955, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  18. Menzie Chinn & Jeffrey Frankel, 2005. "Will the Euro Eventually Surpass the Dollar as Leading International Reserve Currency?," NBER Working Papers 11510, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  19. Barry Eichengreen & Marc Flandreau, 2008. "The Rise and Fall of the Dollar, or When Did the Dollar Replace Sterling as the Leading International Currency?," NBER Working Papers 14154, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  20. Miguel Lebre de Freitas, 2006. "Currency Substitution and Money Demand in Euroland," Atlantic Economic Journal, International Atlantic Economic Society, vol. 34(3), pages 275-287, September. [Downloadable!] (restricted)
    Other versions:
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