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VOLUME 33 NUMBER 2 PART 2


MAY 2001

Global Monetary Integration, A Conference Sponsored by the Federal Reserve Bank of Cleveland June 1-3, 2000

Marco Del Negro, Alejandro Hernández-Delgado, Owen Humpage, and Elisabeth Huybens, Special Issue Editors

Mark S. Sniderman , "Opening Remarks," pp. 301-302

Marco Del Negro, Alejandro Hernandez-Delgado, Owen Humpage, and Elisabeth Huybens, Introduction: Context, Issues, and Contributions, pp. 303-311

Guillermo A. Calvo, "Capital Markets and the Exchange Rate, with Special Reference to the Dollarization Debate in Latin America," pp. 312-334
Comment by Anil K. Kashyap, pp. 335

Ross Levine and Maria Carkovic, "How Much Bang for the Buck? Mexico and Dollarization," pp. 339-363
Comment by Jon Faust pp. 364-369

Thomas F. Cooley and Vincenzo Quadrini, "The Costs of Losing Monetary Independence: The Case of Mexico," pp. 370-397
Comment by Stefania Albanesi and Larry Christiano, pp. 398-403

Marco Del Negro and Francese Obiols-Homs, "Has Monetary Policy Been So Bad That It Is Better to Get Rid of It? The Case of Mexico," pp. 404-433
Comment by Mario Crucini pp. 434-439

Enrique G. Mendoza, "The Benefits of Dollarization When Stabilization Policy Lacks Credibility and Financial Markets Are Imperfect," pp. 440-474
Comment by Fernando Alvarez, pp. 475-509

Stephanie Schmitt-Groh?and Martín Uribe, "Stabilization Policy and the Costs of Dollarization," pp. 482-509
Comment by Carlos Zarazaga, pp. 510-519

Charles Engel, "Optimal Exchange Rate Policy: The Influence of Price Setting and Asset Markets," pp. 518-541
Comment by Marco A. Espinosa-Vega, pp. 542-547

Valerie R. Bencivenga, Elisabeth Huybens, and Bruce D. Smith, "Dollarization and the Integration of International Capital Markets: A Contribution to the Theory of Optimal Currency Areas," pp. 548-589
Comment by Timothy J. Kehoe, pp. 590-596

Christopher A. Sims, "Fiscal Consequences for Mexico of Adopting the Dollar," pp. 597-616
Comment by Thomas J. Sargent, pp. 617-625

George J. Borjas and Eric O'N. Fisher, "Dollarization and the Mexican Labor Market," pp. 626-647

Alan C. Stockman, "Optimal Central Bank Areas, Financial Intermediation, and Mexican Dollarization," pp. 648-666
Comment by Richard H. Clarida, pp. 667

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