![](http://media.springernature.com/m312/springer-static/image/art%3A10.1007%2Fs10368-006-0060-6/MediaObjects/10368_2006_60_Fig1_HTML.gif)
![](http://media.springernature.com/m312/springer-static/image/art%3A10.1007%2Fs10368-006-0060-6/MediaObjects/10368_2006_60_Fig2_HTML.gif)
![](http://media.springernature.com/m312/springer-static/image/art%3A10.1007%2Fs10368-006-0060-6/MediaObjects/10368_2006_60_Fig3_HTML.gif)
![](http://media.springernature.com/m312/springer-static/image/art%3A10.1007%2Fs10368-006-0060-6/MediaObjects/10368_2006_60_Fig4_HTML.gif)
![](http://media.springernature.com/m312/springer-static/image/art%3A10.1007%2Fs10368-006-0060-6/MediaObjects/10368_2006_60_Fig5_HTML.gif)
![](http://media.springernature.com/m312/springer-static/image/art%3A10.1007%2Fs10368-006-0060-6/MediaObjects/10368_2006_60_Fig6_HTML.gif)
![](http://media.springernature.com/m312/springer-static/image/art%3A10.1007%2Fs10368-006-0060-6/MediaObjects/10368_2006_60_Fig7_HTML.gif)
![](http://media.springernature.com/m312/springer-static/image/art%3A10.1007%2Fs10368-006-0060-6/MediaObjects/10368_2006_60_Fig8_HTML.gif)
Notes
See John Murray (2000), “Why Canada Needs a Flexible Exchange Rate,” North American Journal of Economics and Finance, vol. 11, pp. 41–60.
Acknowledgements
I would like to thank Christopher Gust and Martin Bodenstein for their work on the modeling simulations described in this paper, and Heidi Fischer and Philip Rescober for able research assistance. The views expressed are my own and not necessarily those of the Board of Governors of the Federal Reserve System or its staff.
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
About this article
Cite this article
Kamin, S.B. Comments on S. Arndt: “Regional currency arrangements in North America”. IEEP 3, 281–286 (2006). https://doi.org/10.1007/s10368-006-0060-6
Published:
Issue Date:
DOI: https://doi.org/10.1007/s10368-006-0060-6