International Money and Finance

International Money and Finance
Author: Michael Melvin
Publisher: Academic Press
Total Pages: 336
Release: 2012-09-20
Genre: Business & Economics
ISBN: 0123852471

Its high-level perspective on the global economy differentiates this introduction to international finance from other textbooks. Melvin and Norrbin provide essential information for those who seek employment in multinational industries, while competitors focus on standard economic tools and financial management skills. Readers learn how to reach their own conclusions about trends and new developments, not simply function within an organization. The 8th edition, newly updated and expanded, offers concise descriptions, current case studies, and new pedagogical materials to help readers make sense of global finance. Introduces international finance to readers with diverse backgrounds who want jobs in international investment, international banking, and multinational corporations Describes a nuanced view of international finance by drawing on material from the fields of theoretical finance and international macro-finance Features 100% revised chapters, new pedagogical content, and online supplementary materials

When Banks Punch Back: Macrofinancial Feedback Loops in Stress Tests

When Banks Punch Back: Macrofinancial Feedback Loops in Stress Tests
Author: Mr.Mario Catalan
Publisher: International Monetary Fund
Total Pages: 65
Release: 2020-05-29
Genre: Business & Economics
ISBN: 1513534912

In the presence of adverse macroeconomic shocks, simultaneous capital losses in multiple banks can prompt them to contract their balance sheets. These bank responses generate externalities that propagate in the form of macro-financial feedback loops. This paper develops a credit response and externalities analysis model (CREAM) that integrates a disaggregated banking sector into an otherwise standard macroeconomic structural vector autoregressive model. It shows that accounting for macro-financial feedback loops can significantly affect macroeconomic outcomes and bank-specific stress tests results. The heterogeneity in bank lending responses matters: it determines how each bank fares under adverse conditions and the external effects that banks impose on each other and on economic activity. The model can thus be used to assess the contributions of individual banks to systemic risk along the time dimension.

Essays in International Money and Finance

Essays in International Money and Finance
Author: James R Lothian
Publisher: World Scientific
Total Pages: 820
Release: 2017-06-29
Genre: Business & Economics
ISBN: 9813148314

The aim of the book is to make the author's scholarly research in the areas of international finance and monetary economics easily accessible to other researchers and students. The articles included in the book span a wide range. The topics include the behavior of the three key relations in international finance, purchasing power parity, interest rate parity and real interest rate equality, the relation between money and other key economic variables, financial globalization and the transmission of economic disturbances internationally.

International Money and Finance, Third Edition

International Money and Finance, Third Edition
Author: C. Paul Hallwood
Publisher: Wiley-Blackwell
Total Pages: 547
Release: 2000-09-11
Genre: Business & Economics
ISBN: 9780631204619

International Money and Finance, Third Edition, is an invaluable resource for advanced undergraduates and postgraduates studying International Economy and Finance.

International Monetary and Financial Economics

International Monetary and Financial Economics
Author: Joseph P. Daniels
Publisher: South Western Educational Publishing
Total Pages: 584
Release: 1999
Genre: Business & Economics
ISBN:

A more concise and accessible text that covers the key concepts students need to learn in a course on international money and finance which combines treatment of both international financial economics and open economy macroeconomics. In presenting the material, this text concentrates on diagrammatic and conceptual explanations and consequently uses algebra sparingly. To pique student interest, this text addresses many current issues appearing in leading business-oriented publications such as The Economist, The Wall Street Journal, and Financial Times, and incorporates an emphasis on real-world business and policy issues.

A Survey of Primitive Money

A Survey of Primitive Money
Author: A. Hingston Quiggin
Publisher: Routledge
Total Pages: 406
Release: 2017-08-07
Genre: Business & Economics
ISBN: 1351653261

This book, first published in 1949, is the original and key survey of the stages which preceded the use of coins as the medium of exchange, and of the objects that coins displaced, objects which for want of a better name are here called primitive money. It examines in detail the primitive monies of the world, monies from far in the distant past, and monies still in use today. It is the essential reference source on the many different objects used as currency.

International Law in Financial Regulation and Monetary Affairs

International Law in Financial Regulation and Monetary Affairs
Author: Thomas Cottier
Publisher: Oxford University Press
Total Pages: 470
Release: 2012-10-04
Genre: Business & Economics
ISBN: 0199668191

Analysing the emerging international legal framework governing financial institutions and markets, including monetary policies and monetary regulation, this book addresses the cross border issues that arise within this area. It highlights the lack of formal international law present, and shows how this contributed to the global financial crisis.