Jan. 8, 2:30 pm
AEA/ACAES

The Theory of Optimum Currency Areas Revisited

Presiding: LAWRENCE R. KLEIN, University of Pennsylvania

      ARTHUR GRIMES, University of Victoria, University of Waikato, and Reserve Bank of New Zealand--A Metric for Assessing Currency Implications of Intra- and Inter-Regional Shocks: Application to Australasia

      ANWAR NASUTION, University of Indonesia and Bank Indonesia--Financial Cooperation of ASEAN-3 and EMEAP, Financial Crisis in 1997

      HERMAN REMSPERGER and BORIS HOFMANN, Deutsche Bundesbank--Inflation Differentials among the Euro Area Countries: Potential Causes and Consequences

      M. DUTTA, Rutgers University--The Theory of Optimum Currency Areas Revisited: Lessons from the Euro/Dollar Competitive Regimes

Discussants: REUVEN GLICK, Federal Reserve Bank of San Francisco
HIROMITSU ISHI, Hitosubashi University
JACK LETICHE, University of California-Berkeley
DAVID J. GREEN, Asian Development Bank