Library Retrieval System
- ix, 270 p. : ill. ; 24 cm.
- 1. Introduction -- 2. Exchange Rate Concepts -- 3. Balance-of-Payments Accounts -- 4. Historical Perspective -- 5. A Basic Model: Building Blocks -- 6. Long-Run and Short-Run Analysis -- 7. Analysis with Fixed Exchange Rates -- 8. Expectations and Dynamic Analysis -- 9. Empirical Evidence -- 10. Fixed versus Floating Exchange Rates -- 11. The European Monetary System -- 12. International Policy Cooperation.Includes bibliographical references and index.International Monetary Economics presents a brief introduction to the major topics of the subject area together with an analytical framework that is designed to facilitate a better understanding of international monetary economics. The text concentrates on concepts and relationships involving exchange rates and balance-of-payments magnitudes; the construction and manipulation of a small but versatile model of exchange rate and balance-of-payment behavior; and the description of current and prospective arrangements for multicountry cooperation in Europe and elsewhere.