Exchange Rate Determination and the Collapse of a Target Zone with Stochastic Capital Flows
Title | Exchange Rate Determination and the Collapse of a Target Zone with Stochastic Capital Flows PDF eBook |
Author | Alejandro Hernández D. |
Publisher | |
Pages | 46 |
Release | 1996 |
Genre | |
ISBN |
Money, Capital Mobility, and Trade
Title | Money, Capital Mobility, and Trade PDF eBook |
Author | Guillermo A. Calvo |
Publisher | MIT Press |
Pages | 572 |
Release | 2004 |
Genre | Business & Economics |
ISBN | 9780262532600 |
Essays by leading economists and scholars reflecting on Mundell's broad influence on modern open-economy macroeconomics.
Exchange Rate Theory and Practice
Title | Exchange Rate Theory and Practice PDF eBook |
Author | John F. Bilson |
Publisher | University of Chicago Press |
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.
Perspectiveson the Recent Currency Crisis Literature
Title | Perspectiveson the Recent Currency Crisis Literature PDF eBook |
Author | Mr.Robert P. Flood |
Publisher | International Monetary Fund |
Pages | 52 |
Release | 1998-09-01 |
Genre | Business & Economics |
ISBN | 1451855168 |
In the 1990s, currency crises in Europe, Mexico, and Asia have drawn worldwide attention to speculative attacks on government-controlled exchange rates and have prompted researchers to undertake new theoretical and empirical analysis of these events. This paper provides some perspective on this work and relates it to earlier research. It derives the optimal commitment to a fixed exchange rate and proposes a common framework for analyzing currency crises. This framework stresses the important role of speculators and recognizes that the government’s commitment to a fixed exchange rate is constrained by other policy goals. The final section finds that some crises may be particularly difficult to predict using currently popular methods.
Exchange Rate Economics
Title | Exchange Rate Economics PDF eBook |
Author | Ronald MacDonald |
Publisher | Routledge |
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""
The Monetary Approach to the Balance of Payments
Title | The Monetary Approach to the Balance of Payments PDF eBook |
Author | Jacob Frenkel |
Publisher | Routledge |
Pages | 389 |
Release | 2013-07-18 |
Genre | Business & Economics |
ISBN | 1135043493 |
This book collects together the basic documents of an approach to the theory and policy of the balance of payments developed in the 1970s. The approach marked a return to the historical traditions of international monetary theory after some thirty years of departure from them – a departure occasioned by the international collapse of the 1930s, the Keynesian Revolution and a long period of war and post-war reconstruction in which the international monetary system was fragmented by exchange controls, currency inconvertibility and controls over international trade and capital movements.
Research Abstracts
Title | Research Abstracts PDF eBook |
Author | |
Publisher | |
Pages | 766 |
Release | 1994 |
Genre | Latin America |
ISBN |