Ben Bernankepoulos

Paul Krugman responds to my earlier post about how exchange rate regimes do not matter much (I was referring the work of Andrew Rose). Krugman has a different view on the issue and argues that countries in the Euro area have suffered from not having their own currency and this is visible by the higher interest rates [...] View the full post at: Ben Bernankepoulos Related posts: Blaming the Euro for the Imbalances in Government Accounts is Misleading Current Account Imbalances and Exchange Rates The Apparent Weakness of the Euro