Saturday, February 27, 2010

Previous Dissolutions of Currency Unions


Here are a few links to papers on the topic that could shed some light on the current Euro problem:

Marc Flandreau on the dissolution of Austria-Hungary (gated version but the abstract is available).

Linda S. Glodberg, Barry W. Ickes, and Randi Ryterman on departures from the Ruble Zone.

And Jan Fidrmuc and Július Horváth on the break-up of Czechoslovakia.

Hat tip: Tyler Cowen (Marginal Revolution) who also mentions a March 1920 article by Karl Schlesinger, “The Disintegratin of the Austro-Hungarian Currency”, in The Economic Journal.

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