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| Author | : Ronald MacDonald |
| Publisher | : Routledge |
| Total Pages | : 334 |
| Release | : 2005 |
| Genre | : Foreign exchange |
| ISBN | : 1134838220 |
''In summary, the book is valuable as a textbook both at the advanced undergraduate level and at the graduate level. It is also very useful for the economist who wants to be brought up-to-date on theoretical and empirical research on exchange rate behaviour.'' ""Journal of International Economics""
| Author | : John F. Bilson |
| Publisher | : University of Chicago Press |
| Total Pages | : 542 |
| Release | : 2007-12-01 |
| Genre | : Business & Economics |
| ISBN | : 0226050998 |
This volume grew out of a National Bureau of Economic Research conference on exchange rates held in Bellagio, Italy, in 1982. In it, the world's most respected international monetary economists discuss three significant new views on the economics of exchange rates - Rudiger Dornbusch's overshooting model, Jacob Frenkel's and Michael Mussa's asset market variants, and Pentti Kouri's current account/portfolio approach. Their papers test these views with evidence from empirical studies and analyze a number of exchange rate policies in use today, including those of the European Monetary System.
| Author | : Kenneth W. Clements |
| Publisher | : Cambridge University Press |
| Total Pages | : 401 |
| Release | : 2013-01-31 |
| Genre | : Business & Economics |
| ISBN | : 110701476X |
Discusses economic issues associated with exchange rates, commodity prices, the economic size of countries and alternatives to PPP exchange rates.
| Author | : Sebastian Edwards |
| Publisher | : Johns Hopkins University Press |
| Total Pages | : 110 |
| Release | : 1988 |
| Genre | : Business & Economics |
| ISBN | : |
This article analyzes the theory of equilibrium real exchange rates and defines misalignment as a deviation of the real exchange rate (RER) from its equilibrium level. The role of macroeconomic policies is then analyzed under three alternative nominal exchange rate regimes: predetermined nominal exchange rates; floating nominal rates; and dual or black market nominal exchange rates. This discussion points out how inconsistent macroeconomic policies often lead to real exchange rate misalignment. Corrective measures, including nominal devaluation and several alternative approaches, are then evaluated.
| Author | : Patricia Polansky |
| Publisher | : Greenwood |
| Total Pages | : 1096 |
| Release | : 1998-10-15 |
| Genre | : Education |
| ISBN | : |
A guide to the thesis literature on China and Inner Asia written between 1976 and 1990. Includes more than 10,000 entries for dissertations in the arts and sciences, law, medicine, theology, engineering and other disciplines. Entries are grouped in topical chapters and each entry includes bibliographic information and an abstract.
| Author | : Anne O. Krueger |
| Publisher | : Cambridge University Press |
| Total Pages | : 236 |
| Release | : 1983-03-31 |
| Genre | : Business & Economics |
| ISBN | : 9780521273015 |
This volume provides a survey of thought about exchange-rate determination as it emerged in the 1970s.
| Author | : International Monetary Fund |
| Publisher | : International Monetary Fund |
| Total Pages | : 52 |
| Release | : 1990-12-01 |
| Genre | : Business & Economics |
| ISBN | : 1451943229 |
The paper reviews recent theoretical and empirical developments in the analysis of informal currency markets in developing countries. The basic characteristics of these markets are highlighted, and alternative analytical models to explain them are discussed. The implications for exchange rate policy —including imposition of foreign exchange restrictions, devaluation, and unification of exchange markets— in countries with a sizable parallel market are also examined.
| Author | : Keith Pilbeam |
| Publisher | : Bloomsbury Publishing |
| Total Pages | : 786 |
| Release | : 2018-03-25 |
| Genre | : Business & Economics |
| ISBN | : 1350304921 |
This popular textbook offers a broad and accessible introduction to the building blocks of modern finance: financial markets, institutions and instruments. Focussing on the core elements of the subject, the author blends theory with real-life data, cases and numerical worked examples, linking the material to practice at just the right level of technical complexity. This new edition has updated data and cases throughout, ensuring that it is as up-to-date as possible in this fast-moving area. More assessment and self-test resources have been added to the book to help support students and lecturers. It is ideally suited to students at all levels who take economics, business and finance courses, as well as for those who want to understand the workings of the modern financial world. New to this Edition: - New case studies, including coverage of the Libor and foreign exchange rigging scandals, Bitcoin, the FinTech revolution and issues raised by Brexit - Fully updated data and relevant numerical examples - Coverage of derivatives such as futures, options and swaps - Extensive discussion of regulatory developments since the financial crisis - A companion website featuring teaching resources is available
| Author | : R.W. Jones |
| Publisher | : Elsevier |
| Total Pages | : 640 |
| Release | : 1988-05-01 |
| Genre | : Business & Economics |
| ISBN | : 0080550371 |
This Handbook adopts a traditional definition of the subject, and focuses primarily on the explanation of international transactions in goods, services, and assets, and on the main domestic effects of those transactions. The first volume deals with the "real side" of international economics. It is concerned with the explanation of trade and factor flows, with their main effects on goods and factor prices, on the allocation of resources and income distribution and on economic welfare, and also with the effects on national policies designed explicitly to influence trade and factor flows. In other words, it deals chiefly with microeconomic issues and methods. The second volume deals with the "monetary side" of the subject. It is concerned with the balance of payments adjustment process under fixed exchange rates, with exchange rate determination under flexible exchange rates, and with the domestic ramifications of these phenomena. Accordingly, it deals mainly with economic issues, although microeconomic methods are frequently utilized, especially in work on expectations, asset markets, and exchange rate behavior. For more information on the Handbooks in Economics series, please see our home page on http://www.elsevier.nl/locate/hes
