Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/57078 
Kompletter Metadatensatz
DublinCore-FeldWertSprache
dc.contributor.authorFields, Daviden
dc.contributor.authorVernengo, Matíasen
dc.date.accessioned2011-05-06-
dc.date.accessioned2012-04-12T14:26:21Z-
dc.date.available2012-04-12T14:26:21Z-
dc.date.issued2011-
dc.identifier.urihttp://hdl.handle.net/10419/57078-
dc.description.abstractThis paper suggests that the dollar is not threatened as the hegemonic international currency, and that most analysts are incapable of understanding the resilience of the dollar, not only because they ignore the theories of monetary hegemonic stability or what, more recently, has been termed the geography of money; but also as a result of an incomplete understanding of what a monetary hegemon does. The hegemon is not required to maintain credible macroeconomic policies (i.e., fiscally contractionary policies to maintain the value of the currency), but rather to provide an asset free of the risk of default. It is argued that the current crisis in Europe illustrates why the euro is not a real contender for hegemony in the near future.en
dc.language.isoengen
dc.publisher|aLevy Economics Institute of Bard College |cAnnandale-on-Hudson, NYen
dc.relation.ispartofseries|aWorking Paper |x666en
dc.subject.jelF31en
dc.subject.jelF33en
dc.subject.jelF55en
dc.subject.ddc330en
dc.subject.keywordDollaren
dc.subject.keywordEuroen
dc.subject.keywordinternational currencyen
dc.subject.stwReservewährungen
dc.subject.stwInternationales Währungssystemen
dc.subject.stwWährungswettbewerben
dc.subject.stwFinanzmarktkriseen
dc.subject.stwUS-Dollaren
dc.subject.stwEuroen
dc.titleHegemonic currencies during the crisis: The dollar versus the euro in a cartalist perspective-
dc.typeWorking Paperen
dc.identifier.ppn657428159en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

Datei(en):
Datei
Größe
206.5 kB





Publikationen in EconStor sind urheberrechtlich geschützt.