TY - BOOK AU - McKinnon, Ronald I TI - The rules of the game: international money and exchange rates SN - 0262133180 U1 - 332.45 PY - 1997/// CY - Massachusetts PB - The MIT Press N1 - 1. Introduction -- 2. The Rules of the Game: International Money in Historical Perspective -- 3. Exchange Risk and Interest Rate Volatility in Historical Perspective -- 4. An International Gold Standard without Gold -- 5. Private and Official International Money: The Case for the Dollar, 1969 -- 6. Sterilization in Three Dimensions: Major Trading Countries, Eurocurrencies, and the United States -- 7. Currency Substitution and Instability in the World Dollar Standard -- 8. Why U.S. Monetary Policy Should Be Internationalized -- 9. Money Supply versus Exchange-Rate Targeting: An Asymmetry between the United States and Other Industrial Economies -- 10. Optimum Currency Areas -- 11. Optimum World Monetary Arrangements and the Dual-Currency System -- 12. Floating Foreign-Exchange Rates, 1973-74: The Emperor's New Clothes -- 13. The Exchange Rate and Macroeconomic Policy: Changing Postwar Perceptions -- 14. Exchange-Rate Instability, Trade Imbalances, and Monetary Policies in Japan and the United States -- 15. Monetary Control and the Crawling Peg -- 16. Two Concepts of International Currency Substitution -- 17. Why Floating Exchange Rates Fail: A Reconsideration of the Liquidity Trap -- 18. Floating Exchange Rates and the New Interbloc Protectionism: Tariffs versus Quotas -- 19. A Common Monetary Standard or a Common Currency for Europe? Fiscal Lessons from the United States -- 20. Monetary and Exchange-Rate Policies for International Financial Stability: A Proposal -- 21. The Monetary Road to Postwar Prosperity: Marshall-Dodge or Bretton Woods? -- 22. From Plaza-Louvre to a Common Monetary Standard for the Twenty-First Century -- Appendix: McKinnon's Handy Reference Guide to the Rules of the Game ER -