Currency Unions and Trade: The Effect is Large
نویسنده
چکیده
Et Tu, Torsten? This critique of my Economic Policy paper generates many emotions. It is certainly an honor for my research to be taken seriously by such an eminent scholar as my friend Torsten Persson. And while any publicity is good, a negative citation dominates a positive one. There is irony; I came up with the original idea in a hallway conversation with Harry Flam a few feet from Perssons office. There was indubitably surprise, especially at the AEA meetings where Perssons research was first presented. There is fear; neither Economic Policy nor I want a reputation for publishing sloppy work. Persson is a ruthlessly efficient scholar with an almost fanatical devotion to the truth. But even if I wasnt expecting a Spanish Inquisition, honor demands a satisfactory response.
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