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The Global Dollar System

from 8 - Panel Discussion on the Federal Reserve’s Role in International Financial Crises

Published online by Cambridge University Press:  05 March 2016

Michael D. Bordo
Affiliation:
Rutgers University, New Jersey
Mark A. Wynne
Affiliation:
Federal Reserve Bank of Dallas
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Summary

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Chapter
Information
The Federal Reserve's Role in the Global Economy
A Historical Perspective
, pp. 278 - 284
Publisher: Cambridge University Press
Print publication year: 2016

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References

Bank for International Settlements, 2013. Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity in 2013. December.Google Scholar
Cecchetti, Stephen G., 2007. “Federal Reserve Policy Actions in August 2007: Frequently Asked Questions (updated).” Available at www.voxeu.org, August 15.Google Scholar
Cecchetti, Stephen G., 2014. “Towards an International Lender of Last Resort.” BIS Papers No. 79, September, 131–36.Google Scholar
Cecchetti, Stephen G. and Schoenholtz, Kermit L., 2014a. “How Big Can the U.S. Current Account Stay?” Available at www.moneyandbanking.com, July 24.Google Scholar
Cecchetti, Stephen G. and Schoenholtz, Kermit L., 2014b. “The Dollar is Everyone’s Problem.” Available at www.moneyandbanking.com, September 29.Google Scholar
Curcuru, Stephanie E., Thomas, Charles P., and Warnock, Frank E., 2013. “On Returns Differentials.” International Finance Discussion Papers, 1077, Board of Governors of the Federal Reserve System, April.Google Scholar
Dobbs, Richard, Skilling, David, Hu, Wayne, Lund, Susan, Manyika, James, and Roxburgh, Charles. 2009. “An Exorbitant Privilege? Implications of Reserve Currencies for Competitiveness.” Discussion Paper, McKinsey Global Institute, December.Google Scholar
Jalil, Andrew J., 2015. “A New History of Banking Panics in the United States, 1825–1929: Construction and Implications.” American Economic Journal: Macroeconomics 7:295330.Google Scholar
McGuire, Patrick M. and von Peter, Goetz, 2009. “The US Dollar Shortage in Global Banking.” BIS Quarterly Review March: 4764.Google Scholar
New York Times , 2007. “BNP Paribas Suspends Funds Because of Subprime Problems.” August 9.Google Scholar
Truman, Edwin M., 2013. “Enhancing the Global Financial Safety Net Through Central-Bank Cooperation.” Available at www.voxeu.org, September 10.Google Scholar
Tucker, Paul M.W., 2014. “The Lender of Last Resort and Modern Central Banking: Principles and Reconstruction.” BIS Papers No. 79, September, 10–42.Google Scholar

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