Bulletin n. 1/2010
July 2010
CONTENTS
  • Section A) The theory and practise of the federal states and multi-level systems of government
  • Section B) Global governance and international organizations
  • Section C) Regional integration processes
  • Section D) Federalism as a political idea
    • Beckworth David
    One nation under the FED? The asymmetric effects of US monetary policy and its implications for the United States as an optimal currency area
    in Journal of Macroeconomics , Volume 32, Issue 3 ,  2010 ,  732-746
    Is the United States best served by a single currency? This question is explored in this paper by looking at the regional effects of US monetary policy shocks through the perspective of the optimal currency area framework. Using monthly state-level data for the period 1983:1–2008:3, this paper finds that some regions of the United States during this time may have benefited from having their own currency.
    ©2001 - 2020 - Centro Studi sul Federalismo - P. IVA 94067130016