1. The Pain of Original Sin

Why do countries float the way they float?

Ricardo Hausmann, Ugo Panizza, Ernesto Stein · Journal of Development Economics · 2001 · 477 citations

Social Sciences, Economics, Finance +12

Exchange rate volatility and intervention: implications of the theory of optimum currency areas

Tamim Bayoumi, Barry Eichengreen · Journal of International Economics · 1998 · 195 citations

Social Sciences, Economics, International Economics +15