000 03142nam a2200385 i 4500
001 6595
005 20250326152138.0
008 950223s1995 enka b 001 0 eng
010 _a95008063
020 _a0521460476
_q(paperback)
020 _a9780521460477
_q(paperback)
020 _a0521466008
_q(paperback)
020 _a9780521466004
_q(paperback)
040 _aDLC
_beng
_cDLC
_dUKM
_dEL$
_dLVB
_dNLGGC
_dBAKER
_dBTCTA
_dYDXCP
_dUAB
_dHEBIS
_dOCLCQ
_dZWZ
_dGBVCP
_dBDX
_dOCLCO
_dOCLCF
041 0 _aeng
049 _aBAUN_MERKEZ
050 0 4 _aHG3851
_b.I8 1999
100 1 _aIsard, Peter.
_987319
_eaut
245 1 0 _aExchange rate economics /
_cPeter Isard.
264 1 _aCambridge [England] ;
_aNew York :
_bCambridge University Press,
_c1995.
300 _axvi, 275 pages :
_billustrations ;
_c24 cm.
336 _atext
_btxt
_2rdacontent
337 _aunmediated
_bn
_2rdamedia
338 _avolume
_bnc
_2rdacarrier
490 1 _aCambridge surveys of economic literature
504 _aIncludes bibliographical references (pages 237-266) and indexes.
505 0 0 _t-- 1. Introduction
_t-- 2. Foreign exchange markets and the marketability of money
_t-- 3. Exchange rate arrangements and international monetary regimes
_t-- 4. Exchange rates and national price levels
_t-- 5. Exchange rates and interest rates
_t-- 6. Exchange rates and the balance of payments
_t-- 7. News, revisions in expectations, and exchange rate dynamics
_t-- 8. Empirical estimates of structural exchange rate models
_t-- 9. New perspectives from optimizing models of realignments under fixed exchange rates
_t-- 10. New directions for conceptual models of flexible exchange rates
_t-- 11. The choice of exchange rate arrangements
_t-- 12. Policy-oriented perspectives on exchange rate stability.
520 _aThis book describes and evaluates the literature on exchange rate economics. It provides a wide-ranging survey, with background on the history of international monetary regimes and the institutional characteristics of foreign exchange markets, an overview of the development of conceptual and empirical models of exchange rate behavior, and perspectives on the key issues that policymakers confront in deciding whether, and how, to try to stabilize exchange rates. The treatment of most topics is reasonably compact, with extensive references to the literature for those desiring to pursue individual topics further. The level of exposition is relatively easy to comprehend; the historical and institutional material (part I) and the discussion of policy issues (part III) contain no equations or technical notation, while the chapters on models of exchange rate behavior (part II) are written at a level intelligible to first-year graduate students or advanced undergraduates.
520 8 _aThe book will enlighten both students and policymakers, and should also serve as a valuable reference for many research economists.
650 0 _aForeign exchange rates.
650 0 _aForeign exchange rates
_xEconometric models.
710 2 _972911
_aCambridge University Press.
_eisb
830 0 _943866
_aCambridge surveys of economic literature.
942 _2lcc
_cKT
999 _c5612
_d5612