Exchange Rates & Inteational Finance, 6th edition

Exchange Rates & Inteational Finance, 6th edition Front Cover
Exchange Rates & Inteational Finance, 6th edition

by: Laurance Copeland

Print length: 576 pages

Edition: 6

Language: English

Publisher: Trans-Atlantic Publications

Publication Date: 2014-09-03

ISBN-10: 0273786040

ISBN-13: 9780273786047
Book Description
Acclaimed for its clarity, Exchange Rates and Inteational Finance provides an approachable guide to the causes and consequences of exchange rate fluctuations, enabling you to grasp the essentials of the theory and its relevance to these major events in currency markets. The orientation of the book remains towards exchange rate determination, with particular emphasis given to the contributions of mode finance theory. This sixth edition of this established text addresses the impact of the global financial crisis.
Table of Contents
Chapter 1 Introduction
PART 1 The inteational setting
CHAPTER 2 Prices in the open economy:purchasing power parity
Chapter 3 Financial markets in the open economy
Chapter 4 Open economy macroeconomics
PART 2 Exchange rate determination
Chapter 5 Flexible prices:the monetary model
Chapter 6 Fixed prices:the Mundell–Fleming model
Chapter 7 Sticky prices:the Dobusch model
Chapter 8 Portfolio balance and the current account
Chapter 9 Currency substitution
Chapter 10 General equilibrium models
PART 3 A world of uncertainty
Chapter 11 Market efficiency and rational expectations
Chapter 12 The ‘news’ model, exchange rate volatility and forecasting
Chapter 13 The risk premium
PART 4 Fixed exchange rates
Chapter 14 Target zones
Chapter 15 Crises and credibility
Chapter 16 Optimum currency areas, monetary union and the eurozone
PART 5 Alteative paradigms
Chapter 17 Heterogeneous expectations and scapegoat models
Chapter 18 Order flow analysis
Chapter 19 A certain uncertainty:nonlinearity, cycles and chaos
PART 6 Conclusions
Chapter 20 Conclusions
Appendix:list of symbols

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