The macroeconomics of international currencies : theory, policy, and evidence / edited by Paul Mizen and Eric J. Pentecost.

Includes bibliographical references and index.

Contents List of figures List of tables List of contributors Preface 1 Introduction / Paul Mizen, Eric J. Pentecost 2 Currency substitution in theory practice / Paul Mizen, Eric J. Pentecost 3 Direct and indirect concepts of international currency substitution / Ronald I. McKinnon 4 Measurement of cocirculation of currencies / Russel Krueger, Jiming Ha 5 Currency substitution, seigniorage and choice currency policies / Thomas D. Willett, King Banaian 6 Currency substitution, the yield curve and North American monetary policy / Russel S. Boyer 7 The currency substitution hypothesis and relative money demand in Mexico and Canada / John H. Rogers 8 Currency substitution in European financial markets / Michael J. Artis 9 Currency substitution and the demand for Deutsche marks before and after the fall of the Berlin Wall / Gianna Boero, Giuseppe Tullio 10 Currency substitution and the international demand for yen / George S. Tavlas 11 Dollarization in transition economies: evidence and policy implications / Ratna Sahay, Carlos A. Vegh 12 Dollarization in Latin America: recent evidence and policy issues / Miguel A. Savastano Index