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Book Cover
E-book
Author Hefeker, Carsten

Title Interest Groups and Monetary Integration : the Political Economy of Exchange Regime Choice
Published Boulder : Routledge, 2018

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Description 1 online resource (170 pages)
Contents Cover; Half Title; Title; Copyright; Contents; 1 Introduction; The Argument of the Book; The Structure of the Book; 2 The Economics and the Politics of Exchange Rate Regimes; Monetary Integration in the Literature; The Political Economy Approach; The Interest Group Approach to Monetary Integration; Changes over Time; 3 Monetary Integration in the XIXth Century; Introduction; Political Aims and Economic Integration; National Monetary Integration; Supranational Monetary Integration; Conclusion; 4 The Endogeneity of Fixed Exchange Rates; Introduction; The Evidence on Flexible Exchange Rates
A Model of Exchange Rate Regime ChoiceThe Stability of Fixed Exchange Rates; The Choice and the Collapse of Monetary Union; Conclusion; 5 Industrial Interests in Monetary Union: The Banking Industry; Introduction; Benefits from a Common Currency; Liberalization and Concentration in the European Banking Market; Large Banks, Small Banks, and the Effects of EMU; Distributional Effects of Monetary Union; Conclusion; 6 Bureaucratic Interests in Monetary Union: The Bundesbank; Introduction; The Role of German Monetary Union; External Effects of GMU; The Story of Two Crises
Modeling the EMS CollapseConclusion; 7 Monetary Disintegration in the Former Soviet Union; Introduction; Fiscal Deficits and Money Creation; Leaving the Ruble Zone; The Contraction of FSU-Trade; Modeling the End of the Ruble Zone; Monetary Reintegration Among the Republics?; Conclusion; 8 Conclusion; Monetary Integration and Disintegration in Europe; The Desirability of Fixed Exchange Rates; References; Index; About the Book and Author
Notes Print version record
Subject Currency question.
Foreign exchange.
International economic integration.
Currency question
Foreign exchange
International economic integration
Form Electronic book
ISBN 9780429968297
0429968299
9780429979378
0429979371
9780429990458
0429990456
9780429499746
0429499744