Catálogo de publicaciones - libros
Multidisciplinary Economics: The Birth of a New Economics Faculty in the Netherlands
Peter De Gijsel ; Hans Schenk (eds.)
Resumen/Descripción – provisto por la editorial
No disponible.
Palabras clave – provistas por la editorial
No disponibles.
Disponibilidad
Institución detectada | Año de publicación | Navegá | Descargá | Solicitá |
---|---|---|---|---|
No detectada | 2005 | SpringerLink |
Información
Tipo de recurso:
libros
ISBN impreso
978-0-387-26258-1
ISBN electrónico
978-0-387-26259-8
Editor responsable
Springer Nature
País de edición
Reino Unido
Fecha de publicación
2005
Información sobre derechos de publicación
© Springer 2005
Cobertura temática
Tabla de contenidos
European Integration and Economic Geography: Theory and Empirics in the Regional Convergence Debate
R. Martin
Palabras clave: Capita Income; Economic Geography; Monetary Union; Regional Convergence; Regional Disparity.
Pp. 227-257
An Account of Geographic Concentration Patterns in Europe
M. Brülhart; R. Traeger
Palabras clave: Economic Geography; Concentration Pattern; European Economic Review; Entropy Index; Agglomeration Effect.
Pp. 259-263
Introduction
C. J. M. Kool
Palabras clave: Corporate Governance; Central Bank; Financial Development; Exchange Rate Regime; Financial Service Industry.
Pp. 265-266
Regulation and the Role of Central Banks in an Increasingly Integrated Financial World
C. A. E. Goodhart
Palabras clave: International Monetary Fund; European Central Bank; Banking Supervision; Financial Service Authority; Basel Committee.
Pp. 267-278
Who is Running the IMF: Crtical Shareholders or the Staff?
M. Fratianni; J. Pattison
Palabras clave: Public Choice; International Monetary Fund; Agency Cost; Executive Board; International Monetary System.
Pp. 279-292
Synthetic Money
N. V. Hovanov; J. W. Kolari; M. V. Sokolov
In this paper we reviewed HKS’s currency invariance and optimal currency basket concepts, illustrated their application to currency data, and extended their analyses to the construction of synthetic money. To demonstrate the notion of synthetic money, we empirically derived a synthetic dollar using six major currencies (excluding the dollar). The results showed that our synthetic dollar is highly correlated with the U.S. dollar and could be used as a substitute currency. Synthetic money has a number of potential real world applications. For example, in currency pegging operations, a country could tie their currency to a synthetic dollar, rather than the U.S. dollar. This possibility may be relevant to China, which currently pegs the yuan to the dollar. Due to concerns among its major trading partners, the Bank of China has been considering an alternative pegging system to a basket of currencies. A synthetic dollar could be constructed with less than perfect correlation with the U.S. dollar (i.e. partially mimicking the dollar). This basket currency would be consistent with China’s previous currency policy but provide some flexibility vis-à-vis the dollar/yuan exchange rate. Other implications of synthetic money to the issuance of global bonds and currency movement analyses are possible also. Future research is needed to further explore potential applications of synthetic money.
Palabras clave: Exchange Rate; Base Currency; Swiss Franc; Australian Dollar; Major Currency.
Pp. 293-303
Introduction
R. J. M. Alessie
Palabras clave: Portfolio Choice; Hyperbolic Discount; Household Saving; Life Cycle Model; Labour Market Behaviour.
Pp. 305-306
Health, Wealth, and the Role of Institutions
M. Hurd; A. Kapteyn
Palabras clave: Health Transition; Earning Interruption; Health Category; Dutch Data; Latent Health.
Pp. 307-332
Organisational Economics in an Age of Restructuring, or: How Corporate Strategies Can Harm Your Economy
H. Schenk
Palabras clave: Decision Maker; Corporate Governance; Competition Policy; Organisational Economic; Cumulative Abnormal Return.
Pp. 333-365
Does Social Security Crowd out Private Savings?
R. J. M. Alessie
Palabras clave: Displacement Effect; Private Saving; Social Security Benefit; Household Saving; Life Cycle Model.
Pp. 367-380