International Monetary Economics

International Monetary Economics

5 (3 ratings by Goodreads)
By (author) 

Free delivery worldwide

Available. Dispatched from the UK in 3 business days
When will my order arrive?

Description

It focuses clearly and simply on the underlying economics of exchange rate dtermination and balance of payments. In Part I the author presents basic concepts within historical perspectives of the US and Global Economy. Part II intriduces a basic analytical model - usable with fixed and floating exchange rates, in which capital mobility is complete, real exchange rates are variable, and investment spending is endogenous. Variants of the model are used for short and long-run comparative static analysis. In addition, there is a relatively long chapter devoted to dynamic analysis with rational expectations. Part III contains three chapters on policy, including a full chapter on the European Moneatry System.show more

Product details

  • Hardback | 280 pages
  • 162.6 x 241.3 x 23.1mm | 552.39g
  • Oxford University Press Inc
  • New York, United States
  • English
  • line figures, tables
  • 0195094948
  • 9780195094947

Back cover copy

International Monetary Economics presents a brief introduction to the major topics of the subject area together with an analytical framework that is designed to facilitate a better understanding of international monetary economics. The text concentrates on concepts and relationships involving exchange rates and balance-of-payments magnitudes; the construction and manipulation of a small but versatile model of exchange rate and balance-of-payment behavior; and the description of current and prospective arrangements for multicountry cooperation in Europe and elsewhere.show more

Table of contents

Introduction ; 1. Exchange Rate Concepts ; 2. Balance of Payments Accounts ; 3. Historical Perspective ; 4. A Basic Model: Building Blocks ; 5. Long Run and Short Run Analysis ; 6. Analysis With Fixed Exchange Rates ; 7. Expectations and Dynamic Analysis ; 8. Empirical Evidence ; 9. Fixed vs. Floating Exchange Rates ; 10. The European Monetary System ; 11. International Policy Co-operationshow more

Rating details

3 ratings
5 out of 5 stars
5 100% (3)
4 0% (0)
3 0% (0)
2 0% (0)
1 0% (0)
Book ratings by Goodreads
Goodreads is the world's largest site for readers with over 50 million reviews. We're featuring millions of their reader ratings on our book pages to help you find your new favourite book. Close X