The Euro – monetary unions

Some publications concerning monetary unification and Sweden´s choice of exchange rate system. (Roughly in inverse chronological order). For publications in Swedish see under the heading ”Valutaunioner”.

  • ”To be or not to be in the euro? The benefits and costs of monetary unification as perceived by voters in the Swedish euro referendum 2003.” Paper prepared for the 2003 CATO monetary conference, January 2004.
  • ”The future of EMU: What does the history of monetary unions tell us?”, (with Michael D. Bordo), chapter 3 in F. Capie and G. Wood, eds., Monetary Unions. Theory, History, Public Choice, Routledge, London, 2003. (also NBER working paper 7365).
  • ”National or international inflation targeting. The Wicksellian dilemma of the Euro-outs”, (prepared for the workshop ”Currency Independence in a World of Interdependent Economies”, European University Institute, Florence), Journal of Public Policy, pp. 183-197, volume 22, part 2, May-August 2002.
  • ”EMU – the first 10 years. Challenges to the sustainability and price stability of the Euro-area – what does history tell us?” chapter 16 in M. Buti and A. Sapir, eds., EMU and Economic Policy in Europe. The Challenge of the Early Years, Edward Elgar, 2002.
  • Lessons for EMU from the History of Monetary Unions. (with Michael D. Bordo), with an introduction by R. Mundell and comments by S. Brittan, Lord Currie and others, IEA, Readings 50, London, 2000.
  • ”The History of Monetary Regimes Including Monetary Unions – Some Lessons for Sweden and the EMU”, (with Michael D. Bordo), Swedish Economic Policy Review, pp 285-358, vol 4, no 2, autumn 1997.
  • ”Should Sweden and Finland Form a Monetary Union?” (with Fredrik Sjöholm), The World Economy, pp 683-700, no. 5, vol 22, July 1999.
  • ”The Rise and Fall of the Scandinavian Currency Union 1873-1920,” (with Michael Bergman and Stefan Gerlach), European Economic Review, vol. 37, pp 507-517, 1993.