Competitive money supply: the international monetary system in perspective

Barro, R.J. and Fischer, S. (1976), “Recent developments in monetary theory”, Journal of Monetary Economics, Vol. 2, April, pp. 133‐67.

Black, F. (1970), “Banking and interest rates in a world without money: the effect of uncontrolled banking’’, Journal of Bank Research, Vol. 1, Autumn, pp. 9‐20.

Bordo, M.D. and Kydland, F.E. (1995), “The gold standard as a rule: an essay in exploration”, Explorations in Economic History, Vol. 32 No. 4, pp. 423‐64.

Cesarano, F. (1997), “Currency areas and equilibrium”, Open Economies Review, Vol. 8 No. 1, pp. 51‐9.

Cesarano, F. (1998), “Providing for the optimum quantity of money”, Journal of Economic Studies, Vol. 25 No. 6, pp. 441‐9.

Cooper, R.N. (1995), “One money for how many?”, in Kenen, P.B. (Ed.), Understanding Interdependence, Princeton University Press, Princeton, NJ.

Eichengreen, B. (1992), Golden Fetters. The Gold Standard and the Great Depression, Oxford University Press, Oxford.

Eichengreen, B. (1995), “The endogeneity of exchange‐rate regimes”, in Kenen, P.B. (Ed.), Understanding Interdependence, Princeton University Press, Princeton, NJ.

Fama, E.F. (1980), “Banking in a theory of finance”, Journal of Monetary Economics, Vol. 6, January, pp. 39‐57.

Fischer, S. (1984), “Friedman versus Hayek on private money. Review essay”, Journal of Monetary Economics, Vol. 17, May, pp. 433‐9.

Friedman, M. (1969), “The optimum quantity of money”, in Friedman, M., The Optimum Quantity of Money and Other Essays, Aldine, Chicago, IL, pp. 1‐50.

Friedman, M. (1986), “The resource cost of irredeemable paper money’’, Journal of Political Economy, Vol. 94 No. 3, pp. 642‐7.

Friedman, M. and Schwartz, A.J. (1986), “Has government any role in money?”, Journal of Monetary Economics, Vol. 17, January, pp. 37‐62.

Grandmont, J.‐M. and Younès, Y. (1973), “On the efficiency of a monetary equilibrium”, Review of Economic Studies, Vol. 40, April, pp. 149‐65.

Grossman, G.M. and Rogoff, K. (Eds) (1995), Handbook of International Economics, Vol. III, Elsevier, Amsterdam.

Hahn, F.H. (1971), “Professor Friedman’s views on money”, Economica, Vol. 38, February, pp. 61‐80.

Hayek, F.A. (1976), Denationalisation of Money, The Institute of Economic Affairs, London.

Ishiyama, Y. (1975), “The theory of optimum currency areas”, IMF Staff Papers, Vol. 22, July, pp. 344‐83.

Kenen, P.B. (1969), “The theory of optimum currency areas: an eclectic view”, in Mundell, R.A. and Swoboda, A.K. (Eds), Monetary Problems of the International Economy, The University of Chicago Press, Chicago, IL, pp. 41‐60.

Kenen, P.B. (Ed.) (1995), Understanding Interdependence, Princeton University Press, Princeton, NJ.

Kenen, P.B., Papadia, F. and Saccomanni, F. (Eds) (1994), The International Monetary System, Cambridge University Press, Cambridge.

Keynes, J.M. (1923), A Tract on Monetary Reform, Macmillan, London.

Keynes, J.M. (1944), Activities 1941‐1946. Shaping the Post‐War World: Bretton Woods and Reparations, The Collected Writings of John Maynard Keynes, Moggridge, D. (Ed.), Vol. XXVI, Macmillan, London, 1980.

Klein, B. (1974), “The competitive supply of money”, Journal of Money, Credit and Banking, Vol. 6, November, pp. 423‐53.

Krugman, P.R. (1984), “The international role of the dollar: theory and prospect”, in Bilson, J.F.O. and Marston, R. (Eds), Exchange Rate Theory and Practice, The University of Chicago Press, Chicago, IL, reprinted in Krugman (1992).

Krugman, P. (1992), Currencies and Crises, The MIT Press, Cambridge, MA.

Krugman, P. (1993), What Do We Need To Know About the International Monetary System? Essays in International Finance No. 193, Princeton International Finance Section, Princeton, NJ.

Lucas, R.E. (1976), “Econometric policy evaluation: a critique”, Carnegie‐Rochester Conference Series on Public Policy, Vol. 1, pp. 19‐46, reprinted in Lucas (1981).

Lucas, R.E. (1977), “Understanding business cycles”, Carnegie‐Rochester Conference Series on Public Policy, Vol. 5, pp. 7‐29, reprinted in Lucas (1981).

Lucas, R.E. (1981), Studies in Business Cycle Theory, The MIT Press, Cambridge, MA.

McKinnon, R.I. (1963), “Optimum currency areas”, American Economic Review, Vol. 53, September, pp. 717‐24.

McKinnon, R.I. (1993), “The rules of the game: international money in historical perspective”, Journal of Economic Literature, Vol. 31 No. 1, pp. 1‐44.

Mélitz, J. (1995), “The current impasse in research on optimum currency areas”, European Economic Review, Vol. 39, April, pp. 492‐500.

Mill, J.S. (1848), Principles of Political Economy, Ashley, W. (Ed.), Longmans, Green & Company, London, 1909.

Mundell, R.A. (1961), “The theory of optimum currency areas”, American Economic Review, Vol. 51, September, pp. 657‐64.

Mundell, R.A. (1972), “The future of the international financial system”, in Acheson, A.L.K., Chant, J.F. and Prachowny, M.F.J. (Eds), Bretton Woods Revisited, Macmillan, London.

Niehans, J. (1978), The Theory of Money, The Johns Hopkins University Press, Baltimore, MA.

Niehans, J. (1984), International Monetary Economics, The Johns Hopkins University Press, Baltimore, MD.

Obstfeld, M. and Rogoff, K. (1995), “The mirage of fixed exchange rates”, Journal of Economic Perspectives, Vol. 9 No. 4, pp. 73‐96.

Patinkin, D. (1961), “Financial intermediaries and the logical structure of monetary theory. A review article”, American Economic Review, Vol. 51, March, pp. 95‐116.

van der Ploeg, F. (Ed.) (1994), The Handbook of International Macroeconomics, Blackwell, Oxford.

Sargent, T.J. (1987), Dynamic Macroeconomic Theory, Harvard University Press, Cambridge, MA.

Schumpeter, J.A. (1954), History of Economic Analysis, Oxford University Press, Oxford.

Tinbergen, J. (1952), On The Theory of Economic Policy, North‐Holland, Amsterdam.

Tower, E. and Willett, T.D. (1976), The Theory of Optimum Currency Areas and Exchange‐rate Flexibility, Special Studies in International Economics No. 11, Princeton International Finance Section, Princeton, NJ.

Tsiang, S.C. (1969), “A critical note on the optimum supply of money”, Journal of Money, Credit and Banking, Vol. 1, May, pp. 266‐80.

Wicksell, K. (1906), Lectures on Political Economy, Vol. II, Routledge, London, 1935.

Woodford, M. (1990), “The optimum quantity of money”, in Friedman, B.M. and Hahn, F.H. (Eds), Handbook of Monetary Economics, Vol. II, North‐Holland, Amsterdam.