Lindenberg, Nannette; Westermann, Frank - 2010
optimal currency areas and a model on boom-bust cycles, by Schneider and Tornell (2004), who take account of credit market … foreign currency liabilities and domestic revenues, as well as the boom-bust episodes that are likely to follow from it. Using … countries form an optimal currency area with the United States according to the Mundell definition. -- dollarization ; real …