Principles of International Finance and Open Economy Macroeconomics Theories, Applications, and Policies
Auteur : Terra Cristina
Principles of International Finance and Open Economy Macroeconomics: Theories, Applications, and Policies presents a macroeconomic framework for understanding and analyzing the global economy from the perspectives of emerging economies and developing countries.
Unlike most macroeconomic textbooks, which typically emphasize issues about developed countries while downplaying issues related to developing countries, this book emphasizes problems in emerging economies, including those in Latin American countries.
It also explains recent developments in international finance that are essential to a thorough understanding of the effects and implications of the recent financial crisis.
1 Introduction: Overview of the Book ContentPART I: Definitions2 How to Measure International Transactions3 Foreign Exchange Market
PART II: Current Account and Real Exchange Rate4 What is the Optimal Level of the Current Account?5 Equilibrium Real Exchange Rate
PART III: Determination of the Nominal Exchange Rate6 Money and Exchange Rate in the Long Run7 Macroeconomic Policies and Exchange Rates in the Short Run8 Portfolio Diversification and Capital Flows
PART IV: Crises and Exchange Rate Policy9 Currency Crises10 Exchange Rate Regimes11 Political Economy of Exchange Rate Policy
Upper-division undergraduate and graduate level students working in international macroeconomics.
- Concentrates on developing country perspectives on International Finance and the Economy, including those in Latin American countries
- Provides case studies and publicly available data allowing readers to explore theories and their applications
- Explains recent developments in international finance that are essential to a thorough understanding of the effects and implications of the recent financial crisis
- Proposes a unified mathematical model accessible to those with basic mathematical skills
Date de parution : 06-2015
Ouvrage de 362 p.
19x23.3 cm
Thème de Principles of International Finance and Open Economy... :
Mots-clés :
Asset price arbitrage; Balance of payments; Banking crises; Book structure; Consumption smoothing; Contagion; Current account; Dark matter; Exchange rate; Exchange rate bands; Exchange rate depreciation; Exchange rate fundamentals; Exchange rate market; Exchanger rate depreciation and appreciation; External balance; Firm indebtedness; Fiscal policy; Fixed exchange rate regime; Flexible prices; Floating exchange rate regimes; Global imbalances; Gross domestic product; Hard peg regimes; Income and substitution effects; Inflation; Interest rate parity; Intertemporal model; Investment; Long run; Mathematical modeling; Monetary model; Monetary union; Mundell-Fleming model; Mundell-Fleming-Dornbusch model; National accounts; Net international investment position; Nontradable goods; Original sin; Portfolio balance; Price rigidity; Purchasing power parity; Real and nominal exchange rate; Real exchange rate; Savings; Soft peg regimes; Sustainability of current account deficits; Trade openness; Valuation effect