International money : post-war trends and theories
著者
書誌事項
International money : post-war trends and theories
Clarendon Press , Oxford University Press, 1989
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注記
Bibliography: p. [241]-248
Includes index
内容説明・目次
内容説明
The period since the end of World War II has been an eventful and often disturbing one in the international monetary field. Economic theories have been propounded and modified both to explain events and to influence future choices made by economists. This examination of economic trends outlines the relationship between events and theories. The author considers how theories have been judged and discarded on the basis of their perceived accordance with actuality. He examines exchange rates, deploys his own theory based on the idea of bounded rationality and considers what the future might hold for the international monetary system.
目次
- The fundamentals of money - national and international
- the Bretton Woods system
- the gold exchange standard and its demise
- the system without commitments
- sources of real exchange rate variability
- the long swings in real exchange rates and real disturbances
- the dynamics of exchange rate movements
- the exchange rate and Ricardo's Equivalence Theorem
- rational behaviour in an uncertain world
- governments and the exchange markets
- conditions for international monetary reform
- costs of exchange rate variability.
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