“The argument (for one of her papers ) is that if you had a currency area that would allow some country or geographic region to change its exchange rates, it could increase trade,” Koshel said. “At the time … She had been on the Fed board for only a few months when she persuaded her colleagues to vote against the chairman's wishes to change a regulation on bank deposit interest rates to protect consumers.
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Janet Yellen: An Updated Reading List – NYTimes.com
Janet Yellen: An Updated Reading List - NYTimes.com
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