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Description
This new text provides a systematic and comprehensive international treatment of the asset approach to the exchange rate and the current account of the balance of payments. It includes an analysis of macroeconomic adjustments under fixed, floating and managed exchange rates and it compares the stabilisation properties of each exchange rate regime in the case where economies are subjected to random shocks and price adjustments and are characterized by inertia. It highlights the issues that arise from international coordination of policies and provides a comprehensive survey of the empirical evidence on exchange rate economics.
Table of Contents
Approaches to the Balance of Payments and the Exchange Rate
Growth and the Balance of Payments under Alternative Exchange Rate Regimes
The Asset Approach to the Exchange Rate: Monetary Models
The Asset Approach to the Exchange Rate: Portfolio Balance Models
Exchange Rates, Expectations and the Current Account
The Exchange Rate and the Current Account when Prices Evolve Sluggishly
The Cost of Disinflation in a Floating Exchange Rate
Regime Economic Stability under Fixed, Floating and Managed Exchange Rates
International Coordination of Monetary Policies under Alternative Exchange Rate
Regimes A Survey of Empirical Evidence on Exchange Rate Economics.
Growth and the Balance of Payments under Alternative Exchange Rate Regimes
The Asset Approach to the Exchange Rate: Monetary Models
The Asset Approach to the Exchange Rate: Portfolio Balance Models
Exchange Rates, Expectations and the Current Account
The Exchange Rate and the Current Account when Prices Evolve Sluggishly
The Cost of Disinflation in a Floating Exchange Rate
Regime Economic Stability under Fixed, Floating and Managed Exchange Rates
International Coordination of Monetary Policies under Alternative Exchange Rate
Regimes A Survey of Empirical Evidence on Exchange Rate Economics.
Product details
| Published | 15 Nov 1995 |
|---|---|
| Format | Paperback |
| Edition | 1st |
| Extent | 288 |
| ISBN | 9780333598962 |
| Imprint | Red Globe Press |
| Dimensions | Not specified |
| Publisher | Bloomsbury Publishing |
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