Optimum Currency Areas and Natural Variability in Exchange Rates

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Year: 1979

Publisher Name: Global Science Press

Language: Multiple languages

DOI: https://doi.org/10.3790/schm.99.1-2.177

Published online: 1979-01

AMS Subject Headings: Duncker & Humblot

Pages: 23

McKinnon, Ronald I.

Section Title	Page	Action	Price
Ronald I. McKinnon: Optimum Currency Areas\rand Natural Variability in Exchange Rates	177
Keynesian Liquidity Preference and the Rate of Interest in an Open Economy	178
Foreign Exchange Dealers and the Domestic Money Market	182
The Interest Elasticity of the Liquidity-Preference Function	185
Exchange-Rate Fluctuations Under Full Information	189
Uncertain Expectations	193
Currency Areas and Speculation	194
Currency Areas and Purchasing-Power Parity	196
Intervention by Central Banks: A Concluding Note	197
References	198

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