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A Dollar Is a Dollar Is a Dollar—or Is It?
It is normally stated that an economic evaluation should take the societal perspective and that this implies the incorporation of all costs and effects, regardless of where these occur. Nevertheless, this broad perspective may be in conflict with the narrower perspective of the health-care decision-makers we are usually trying to aid.
Brouwer, W.B. +3 more
openaire +3 more sources
Foreign Safe Asset Demand and the Dollar Exchange Rate
We develop a theory that links the U.S. dollar's valuation in FX markets to foreign investors' demand for U.S. safe assets. When the convenience yield that foreign investors derive from holding U.S. safe assets increases, the U.S.
Zhengyang Jiang +2 more
semanticscholar +1 more source
Dollar Safety and the Global Financial Cycle
We develop a model of the global financial cycle with one key ingredient: the international demand for safe dollar assets. The model matches patterns of dollar borrowing and currency mismatch, the U.S.
Zhengyang Jiang +2 more
semanticscholar +1 more source
Abstract This chapter examines the economic performance of dollarized countries. It argues that dollarized nations have slower growth, similar fiscal record, have not been spared from major current account reversals, and have significantly lower inflation.
+5 more sources
The U.S. balance of payments: freedom or controls
In the last two years the U.S. balance of payments and the international position of the dollar have undergone sharp and somewhat paradoxical changes. Despite the unprecedented deterioration of the external balance in 1969, the dollar was left entirely ...
G. HABERLER
doaj +1 more source
Problems and prospects of dedollarization
The article deals with the issues of dedollarization and its prospects. It is emphasized that the dollar continues to occupy leading positions in the international payment turnover.
E. A. Barinov
doaj
In search of an exchange rate policy for the dollar
Following the collapse of the Bretton Woods system of fixed exchange rates in 1971, an agreement on the basic principles of a new exchange rate system could not be reached. Many monetary authorities continue to hope that it will ultimately be possible to
T. DE VRIES
doaj +1 more source
Challenges for the Global Financial System [PDF]
According to the governor of the Bank of England, Mark Carney, the global financial system is currently lagging behind the evolution of the global economy, facing asymmetric concentrations of financial assets in advanced economies relative to economic ...
SERGHEI MARGULESCU, ELENA MARGULESCU
doaj +2 more sources
The impact of the U.S.A. federal funds market on the international exchange market
The quotations for all currencies over a period of time show fluctuations of a greater or less degree; the same can be said of the deposit rates in the Euro-currency market.
A. VERNUCCI
doaj +1 more source
The book value of monetary gold
The debate over a devaluation of the U.S. dollar in terms of gold had been going on for months, but the parties seem to be unable to sort out sense from nonsense, truth from fiction, economics from politics and cosmetics.
F. MACHLUP
doaj +1 more source

