Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/231250
Authors: 
Foellmi, Reto
Year of Publication: 
2017
Citation: 
[Journal:] Aussenwirtschaft [ISSN:] 0004-8216 [Volume:] 68 [Year:] 2017 [Issue:] 1 [Pages:] 109-114
Abstract: 
Studying the currency competition episode in Switzerland of the 19th century, I argue that modern economies need a single supplier of money to pursue stabilization policy. In small open economies with integrated capital markets, the uncertainty about the real exchange poses new risks to monetary policy which were only little discussed in the previous literature.
Document Type: 
Article

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