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The OCA Approach to Exchange Rate Regimes: A Perspective on Recent Developments

  • Thomas D. Willett

    (Claremont McKenna College and Claremont Graduate University)

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    File URL: http://www.claremontmckenna.edu/rdschool/papers/2001-04.pdf
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    Paper provided by Claremont Colleges in its series Claremont Colleges Working Papers with number 2001-04.

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    Date of creation: Feb 2001
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    Handle: RePEc:clm:clmeco:2001-04
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    1. Bayoumi, Tamim & Eichengreen, Barry, 1998. "Exchange rate volatility and intervention: implications of the theory of optimum currency areas," Journal of International Economics, Elsevier, vol. 45(2), pages 191-209, August.
    2. De Grauwe, Paul, 1993. "The Political Economy of Monetary Union in Europe," CEPR Discussion Papers 842, C.E.P.R. Discussion Papers.
    3. Paul De Grauwe, 1993. "The Political Economy of Monetary Union in Europe," The World Economy, Wiley Blackwell, vol. 16(6), pages 653-661, November.
    4. Melitz, Jacques, 1991. "A Suggested Reformulation of the Theory of Optimal Currency Areas," CEPR Discussion Papers 590, C.E.P.R. Discussion Papers.
    5. Tamim Bayoumi, 1994. "A Formal Model of Optimum Currency Areas," IMF Working Papers 94/42, International Monetary Fund.
    6. Frankel, Jeffrey A & Rose, Andrew K, 1996. "The Endogeneity of the Optimum Currency Area Criteria," CEPR Discussion Papers 1473, C.E.P.R. Discussion Papers.
    7. Tamim Bayoumi and Barry Eichengreen., 1993. "One Money or Many? On Analyzing the Prospects for Monetary Unification in Various Parts of the World," Center for International and Development Economics Research (CIDER) Working Papers C93-030, University of California at Berkeley.
    8. Minford, Patrick, 1995. "Other people's money: Cash-in-advance microfoundations for optimal currency areas," Journal of International Money and Finance, Elsevier, vol. 14(3), pages 427-440, June.
    9. Melitz, Jacques, 1995. "The current impasse in research on optimum currency areas," European Economic Review, Elsevier, vol. 39(3-4), pages 492-500, April.
    10. McKinnon, Ronald I, 1982. "Currency Substitution and Instability in the World Dollar Standard," American Economic Review, American Economic Association, vol. 72(3), pages 320-33, June.
    11. Bofinger, Peter, 1994. "Is Europe an Optimum Currency Area?," CEPR Discussion Papers 915, C.E.P.R. Discussion Papers.
    12. Mahdavi, Mahnaz & Kazemi, Hossein B, 1996. "Indeterminacy and Volatility of Exchange Rates under Imperfect Currency Substitution," Economic Inquiry, Western Economic Association International, vol. 34(1), pages 168-81, January.
    13. Linda S. Goldberg & Barry W. Ickes & Randi Ryterman, 1994. "Departures from the Ruble Zone: The Implications of Adopting Independent Currencies," The World Economy, Wiley Blackwell, vol. 17(3), pages 293-322, 05.
    14. Bean, Charles R, 1992. "Economic and Monetary Union in Europe," CEPR Discussion Papers 722, C.E.P.R. Discussion Papers.
    15. Thomas Willett & Edward Tower, 1970. "Currency areas and exchange-rate flexibility," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 105(1), pages 48-65, September.
    16. Guillermo A. Calvo & Carmen M. Reinhart, 2000. "Fear of Floating," NBER Working Papers 7993, National Bureau of Economic Research, Inc.
    17. Peter Montiel & Bijan B. Aghevli & Mohsin S. Khan, 1991. "Exchange Rate Policy in Developing Countries; Some Analytical Issues," IMF Occasional Papers 78, International Monetary Fund.
    18. repec:cup:cbooks:9780521460477 is not listed on IDEAS
    19. Papell, David H, 1994. "Exchange Rates and Prices: An Empirical Analysis," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 35(2), pages 397-410, May.
    20. George Tavlas, 1994. "The theory of monetary integration," Open Economies Review, Springer, vol. 5(2), pages 211-230, March.
    21. repec:cup:cbooks:9780521466004 is not listed on IDEAS
    22. Krugman, Paul, 1992. "Second thoughts on EMU," Japan and the World Economy, Elsevier, vol. 4(3), pages 187-200, November.
    23. Krugman, P., 1993. "What Do We Need to Know About the International Monetary System?," Princeton Studies in International Economics 190, International Economics Section, Departement of Economics Princeton University,.
    24. Willett, Thomas D., 2001. "Truth in advertising and the great dollarization scam," Journal of Policy Modeling, Elsevier, vol. 23(3), pages 279-289, April.
    25. Eichengreen, Barry, 1993. "European Monetary Unification," Journal of Economic Literature, American Economic Association, vol. 31(3), pages 1321-57, September.
    26. Eichengreen, B., 1992. "Should the Maastricht Treaty be Saved?," Princeton Studies in International Economics 74, International Economics Section, Departement of Economics Princeton University,.
    27. Thomas D. Willett, 2001. "Truth in Advertising and The Great Dollarization Scam," Claremont Colleges Working Papers 2001-05, Claremont Colleges.
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