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Exchange Rate Economics - Peter Isard

Exchange Rate Economics

(Autor)

Buch | Softcover
292 Seiten
1995
Cambridge University Press (Verlag)
978-0-521-46600-4 (ISBN)
CHF 73,30 inkl. MwSt
This book provides a wide-ranging survey of the literature on exchange rate economics. The author describes different theories that attempt to explain the behavior of exchange rates, and outlines the salient institutional characteristics of the modern foreign exchange market in the context of an evolving international monetary system.
This book describes and evaluates the literature on exchange rate economics. It provides a wide-ranging survey, with background on the history of international monetary regimes and the institutional characteristics of foreign exchange markets, an overview of the development of conceptual and empirical models of exchange rate behavior, and perspectives on the key issues that policymakers confront in deciding whether, and how, to try to stabilize exchange rates. The treatment of most topics is reasonably compact, with extensive references to the literature for those desiring to pursue individual topics further. The level of exposition is relatively easy to comprehend and the chapters are written at a level intelligible to first-year graduate students or advanced undergraduates. The book will enlighten both students and policymakers, and should also serve as a valuable reference for many research economists.

Preface; 1. Introduction; PART I. HISTORICAL aND INSTITUTIONAL PERSPECTIVES: 2. Foreign exchange markets and the marketability of money; 3. Exchange rate arrangements and international monetary regimes; PART II. MODELS oF EXCHANGE RATE BEHAVIOR: 4. Exchange rates and national price levels; 5. Exchange rates and interest rates; 6. Exchange rates and the balance of payments; 7. News, revisions in expectations, and exchange rate dynamics; 8. Empirical estimates of structural exchange rate models; 9. New perspectives from optimizing models of realignments under fixed exchange rates; 10. New directions for conceptual models of flexible exchange rates; PART III. EXCHANGE RATE POLICY: 11. The choice of exchange rate arrangements; 12. Policy-oriented perspectives on exchange rate stability; References; Index of authors; Index of subjects.

Erscheint lt. Verlag 28.9.1995
Reihe/Serie Cambridge Surveys of Economic Literature
Zusatzinfo 12 Line drawings, unspecified
Verlagsort Cambridge
Sprache englisch
Maße 152 x 229 mm
Gewicht 430 g
Themenwelt Wirtschaft Volkswirtschaftslehre Finanzwissenschaft
ISBN-10 0-521-46600-8 / 0521466008
ISBN-13 978-0-521-46600-4 / 9780521466004
Zustand Neuware
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