Macroeconomics under flexible exchange rates
著者
書誌事項
Macroeconomics under flexible exchange rates
(LSE handbooks in economics series)
Harvester Wheatsheaf, 1993
- : pbk
- : hbk
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注記
Includes bibliographical references and index
内容説明・目次
内容説明
This book aims to familiarize students with exchange rate theories that have a direct bearing on the macro economy. It covers the asset market, portfolio balance, currency substitution and monetarist approaches. It also covers basic concepts and the Mundell-Fleming model, empirical results and recent developments such as equilibrium exchange rates and exchange rate bubbles. It makes use of extensive graphical analysis and includes displayed models of the major theoretical approaches. Practice for students is provided by means of questions and worked solutions.
目次
- Open economy macroeconomics - introduction and outline
- sticky prices and the asset market approach to the exchange rate
- the robustness of the overshooting phenomenon
- policy anticipation, resource discovery and a structural real sector
- monetarist exchange rate models
- the exchange rate under currency substitution
- the portfolio balance approach
- exchange rate economics today
- political economy of flexible exchange rates.
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