International macroeconomics
著者
書誌事項
International macroeconomics
Macmillan, 1995
- : hard
- : pbk
大学図書館所蔵 全43件
注記
Bibliography: p. 254-263
内容説明・目次
- 巻冊次
-
: hard ISBN 9780333598955
内容説明
This text provides an international treatment of the asset approach to the exchange rate and the current account of the balance of payments. It includes an analysis of macroeceonomic adjustments under fixed, floating and managed exchange rates and it compares the stabilization 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 also highlights the issues that arise from international co-ordination of policies and provides an examination of the empirical evidence on exchange rate economics.
目次
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
- 巻冊次
-
: pbk ISBN 9780333598962
内容説明
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.
目次
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.
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