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Keywords: common currency
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Journal Article
Neuro-computational foundations of moral preferences
Giuseppe Ugazio and others
Social Cognitive and Affective Neuroscience, Volume 17, Issue 3, March 2022, Pages 253–265, https://doi.org/10.1093/scan/nsab100
Published: 06 September 2021
... for such differences exist in theory (e.g. social vs non-social context, medical vs financial domain and implicit vs explicit numeric information), even though many of them have been shown by other studies to lead to comparable activation of the common currency...
Journal Article
Overcoming Rest–Task Divide—Abnormal Temporospatial Dynamics and Its Cognition in Schizophrenia
Georg Northoff and Javier Gomez-Pilar
Schizophrenia Bulletin, Volume 47, Issue 3, May 2021, Pages 751–765, https://doi.org/10.1093/schbul/sbaa178
Published: 11 December 2020
.... state dependence rest–task modulation temporospatial dynamics common currency predictive coding Brain imaging findings show a multitude of alterations in both task-related and spontaneous activity in schizophrenia. One of the most predominant findings in both functional magnetic resonance imaging...
Journal Article
A common currency for the computation of motivational values in the human striatum
Guillaume Sescousse and others
Social Cognitive and Affective Neuroscience, Volume 10, Issue 4, April 2015, Pages 467–473, https://doi.org/10.1093/scan/nsu074
Published: 19 June 2014
...Guillaume Sescousse; Yansong Li; Jean-Claude Dreher Abstract Reward comparison in the brain is thought to be achieved through the use of a ‘common currency’, implying that reward value representations are computed on a unique scale in the same brain regions regardless of the reward type. Although...
Journal Article
Pricing to Market with Transactions Denominated in a Common Currency
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Daniel H. Pick and Colin A. Carter
American Journal of Agricultural Economics, Volume 76, Issue 1, February 1994, Pages 55–60, https://doi.org/10.2307/1243920
Published: 01 February 1994
...Daniel H. Pick; Colin A. Carter 5 1992 5 1993 Copyright 1993 American Agricultural Economics Association 1993 Abstract We present a model with two exporters who ship a differentiated commodity to the same import destination. All pricing occurs in a common currency, that of the home exporter...
Chapter
Published: 18 December 2014
...Fundamental gaps in EMU’s economic governance structure make it an incomplete common currency area (CCA). These gaps channeled the international financial crisis into a split between its core and peripheral sub-central political units (member states), inflicting enormous economic and social costs...
Chapter
The Merit of a North American Monetary Union
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Herbert G. Grubel
Published: 15 May 2003
... examines the benefits and costs of a common currency for Canada, the United States, and Mexico. It is argued that the experience of the European Monetary Union and countries such as Argentina show that labour market flexibility will increase as exchange rate adjustments are no longer available to absorb...
Chapter
Orbital Prefrontal Cortex: Evaluating Resources
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Richard E. Passingham
Published: 03 June 2021
... from the olfactory, gustatory, somatosensory, visceral, and visual cortex. It is also interconnected with the amygdala which represents the current value of the resources, given the internal state of the animal. The worth of the different foods is compared in a ‘common currency’ of value. The central...
Book
From Convergence to Crisis: Labor Markets and the Instability of the Euro
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Alison Johnston
Published online: 19 January 2017
Published in print: 19 May 2016
... between the common currency's corporatist and noncorporatist economies. Combining cross-national statistical analysis with detailed qualitative case studies of Denmark, Germany, Italy, Ireland, the Netherlands, and Spain, the book reveals that monetary union's removal of these mechanisms allowed external...
Chapter
4 The Political Production of the EU: Boundary Building and Boundary Removing
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Stefano Bartolini
Published: 06 October 2005
... and nation‐building system building participation rights equality areas elections voters in the EU social sharing welfare territoriality regions political structuring sequence integration policies common currency competition military cooperation internal policing identity participation...
Chapter
Published: 24 August 2017
... G7 Volcker P Hicks Sir John financial crisis European Monetary Union common currency cooperation versus coordination policy spillover exchange rate Financial crises come in a variety of forms. To paraphrase the often-quoted passage from Tolstoy’s Anna Karenina , financial...
Chapter
East African Monetary Union: What Lies Ahead?
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Louis A. Kasekende
Published: 01 April 2021
... of each partner state, given that once EAMU is established, they will no longer have the option of financing their public debt from their own central banks; the mechanism for alignment of the exchange rates in the period prior to the introduction of the common currency; and how to mitigate the adverse...
Chapter
Hard Currency Pegs and Economic Performance
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Sebastian Edwards and I. Igal Magendzo
Published: 29 August 2008
...This chapter analyzes whether common currency countries—both dollarized and independent currency union countries—have outperformed countries that have a currency of their own. It shows that countries with no currency of their own have had significantly lower inflation and enjoyed higher growth...
Chapter
The Equality-View
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Tatjana Višak
Published: 08 December 2022
... that are compatible with EQU. Lastly, the chapter presents an evolutionary perspective on (hedonic) capacities. It presents hedonicity as a dimension of consciousness that serves as a ‘common currency’ for decision-making and explains how this evolutionary picture supports EQU. In section 3.3 I have presented...
Chapter
Published: 15 May 2003
... of Brazil's trading partners and capital flows and the size of its economy, OCA arguments are much less relevant. 6 An open question is the type of monetary arrangement that would be more appropriate for Mercosur as a whole. Here the idea of having a common currency as a means of deepening...
Chapter
Rebalancing and Completing the European Monetary Union
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Loukas Tsoukalis
Published: 01 December 2015
...Previous attempts at European monetary integration ended up as German-led arrangements with a shrinking membership. With the euro, the stakes are much higher. The biggest international financial crisis since 1929 has transformed itself into an existential crisis of the common currency. Systemic...
Chapter
Language Law of the European Union: Protecting or Eroding Linguistic Diversity?
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Bruno de Witte
Published: 07 October 2004
...Adopting a common currency among Member States of the European Union instead of using those countries' national currencies has paved the way for economic benefits and reinforced political cohesion within the European Union. As such, the adoption of a common language should also be able to bring...
Chapter
Published: 15 August 2008
... the G-PPP model to define a common currency area for the ASEAN plus three countries. It explains the adoption of a common currency basket arrangement into the ASEAN plus three countries. It then conducts an empirical analysis of the possibilities of adopting a common currency basket arrangement...
Chapter
Europe: Falling Behind
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William W. Lewis
Published: 16 April 2004
... for about half of the total GDP of the world. Most of the countries of the European Union now have a common currency. Entry into the monetary union carries conditions on fiscal policy about deficit financing and total debt levels. Thus, much of macroeconomic policy in Europe is harmonized. The ability...
Chapter
Common value representation—a neuroeconomic perspective
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Dino Levy and Paul Glimcher
Published: 01 October 2015
... that participates in day-to-day decision making suggesting both a neurobiological foundation for standard economic theory and a tool for measuring preferences neurobiologically. economic theory neural representation Bernoulli D Samuelson P A choice behavior common currency representation consistency expected...
Chapter
European Monetary Integration: From Bretton Woods to the Euro and Beyond
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Jeffry A. Frieden
Published: 06 September 2016
...This chapter analyzes the process of European monetary integration, focusing on the decades that led up to the creation of the common currency. This is because this period is one in which, as in the gold standard era, national governments had to decide on their currency policy, and, again...
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