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Exchange Rates and International Finance Laurence Copeland

Exchange Rates and International Finance By Laurence Copeland

Exchange Rates and International Finance by Laurence Copeland


$24.39
Condition - Very Good
Only 1 left

Summary

The third edition of this text continues to make accessible the theories, models, causes and consequences of exchange rate fluctuations. It features a new chapter on the economics of currency unions, focusing on the EU, and added data on the IMS and the IMF.

Exchange Rates and International Finance Summary

Exchange Rates and International Finance by Laurence Copeland

The third edition of this successful text continues to make accessible the theories and models, causes and consequences of exchange rate fluctuations. Written in a clear and concise style Exchange Rates and International Finance will enable readers to grasp the essentials of exchange rate theory.

Table of Contents

1. Introduction PART I:THE INTERNATIONAL SETTING. 2. Prices in the open economy: purchasing power parity. 3. The financial markets in the open economy. 4. Open economy macroeconomics. PART II: EXCHANGE RATES DETERMINATION. 5. Flexible prices: the monetary model. 6. Fixed prices: the Mundell-Fleming model. 7. Sticky prices: the Dornbush model. 8. Portfolio balance and the current account. 9. Currency substitution. 10. Optimum currency areas and monetary union. PART III: A WORLD OF UNCERTAINTY. 11. Market efficiency and rational expectations. 12. The "news" model and exchange rate volatility. 13. The risk premium. 14. A certain uncertainty: non-linearity, cycles and chaos. 15. Target zones. 16. Crises and credibility. PART IV: CONCLUSIONS. 17. Conclusions. Appendix. Index.

Additional information

GOR001851588
9780201398502
0201398508
Exchange Rates and International Finance by Laurence Copeland
Used - Very Good
Paperback
Pearson Education (US)
2000-04-30
512
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

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