The Real Exchange Rate Always Floats

The Real Exchange Rate Always Floats PDF Author: Thorvaldur Gylfason
Publisher:
ISBN:
Category : Foreign exchange rates
Languages : en
Pages : 38

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Book Description

The Real Exchange Rate Always Floats

The Real Exchange Rate Always Floats PDF Author: Thorvaldur Gylfason
Publisher:
ISBN:
Category : Foreign exchange rates
Languages : en
Pages : 38

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Book Description


Floating Exchange Rates and World Inflation

Floating Exchange Rates and World Inflation PDF Author: J. Ahmad
Publisher: Springer
ISBN: 1349174742
Category : Business & Economics
Languages : en
Pages : 270

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Book Description


Macroeconomics

Macroeconomics PDF Author: Errol D'Souza
Publisher: Pearson Education India
ISBN: 9788131708187
Category : Business & Economics
Languages : en
Pages : 516

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Book Description
Errol D'Souza's Macroeconomics helps students realize the connections between theoretical frameworks and the actual behaviour of the economy; enables instructors to teach macroeconomics concepts within the context of both the Indian and global economy; and provides policymakers with material from current research in macroeconomics. The focus of the book rests on the analysis of macroeconomic thought in terms of the intuition and underlying logic that forms its basis. This book has been designed to help readers think independently about real-world situations, by helping them master the basic technical tools that enable them to do this. At a conceptual level, the book focuses on the most current and relevant issues, while also understanding the fluidity of the subject.

Stochastic Optimal Control, International Finance, and Debt Crises

Stochastic Optimal Control, International Finance, and Debt Crises PDF Author: Jerome L. Stein
Publisher: Oxford University Press, USA
ISBN: 0199280576
Category : Business & Economics
Languages : en
Pages : 305

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Book Description
This book focuses on the interaction between equilibrium real exchange rates, optimal external debt, endogenous optimal growth and current account balances, in a world of uncertainty. The theoretical parts result from interdisciplinary research between economics and applied mathematics. From the economic theory and the mathematics of stochastic optimal control the author derives benchmarks for the optimal debt and equilibrium real exchange rate in an environment where both thereturn on capital and the real rate of interest are stochastic variables. The theoretically derived equilibrium real exchange rate - the "natural real exchange rate" NATREX - is where the real exchange rate is heading. These benchmarks are applied to answer the following questions.* What is a theoretically based empirical measure of a "misaligned" exchange rate that increases the probability of a significant depreciation or a currency crisis?* What is a theoretically based empirical measure of an "excess" debt that increases the probability of or a debt crisis?* What is the interaction between an excess debt and a misaligned exchange rate?The theory is applied to evaluate the Euro exchange rate, the exchange rates of the transition economies, the sustainability of U.S. current account deficits, and derives warning signals of the Asian crises and debt crises in emerging markets.

Exchange Rate Economics

Exchange Rate Economics PDF Author: Ronald MacDonald
Publisher: Routledge
ISBN: 1134838220
Category : Foreign exchange
Languages : en
Pages : 334

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Book Description
''In summary, the book is valuable as a textbook both at the advanced undergraduate level and at the graduate level. It is also very useful for the economist who wants to be brought up-to-date on theoretical and empirical research on exchange rate behaviour.'' ""Journal of International Economics""

Foreign Exchange Value of the Dollar

Foreign Exchange Value of the Dollar PDF Author:
Publisher:
ISBN:
Category : Dollar, American
Languages : en
Pages : 32

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Book Description


Floating Exchange Rates and the State of World Trade and Payments

Floating Exchange Rates and the State of World Trade and Payments PDF Author: David Bigman
Publisher: Beard Books
ISBN: 9781587981296
Category : Business & Economics
Languages : en
Pages : 356

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Book Description
Analyzes developments in the international monetary system since 1973, with anew added epilogue.

Real Exchange Rate Misalignment in Developing Countries Under the Floating Exchange Rate Regime

Real Exchange Rate Misalignment in Developing Countries Under the Floating Exchange Rate Regime PDF Author: Gae-Iyong Choi
Publisher:
ISBN:
Category :
Languages : en
Pages : 286

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Book Description


From Fixed to Float-Operational Aspects of Moving Toward Exchange Rate Flexibility

From Fixed to Float-Operational Aspects of Moving Toward Exchange Rate Flexibility PDF Author: International Monetary Fund. Monetary and Financial Systems Dept.
Publisher: International Monetary Fund
ISBN: 1498330010
Category : Business & Economics
Languages : en
Pages : 48

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Book Description
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Global Disequilibrium in the World Economy

Global Disequilibrium in the World Economy PDF Author: Mario Baldassarri
Publisher: Springer
ISBN: 1349222690
Category : Business & Economics
Languages : en
Pages : 467

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Book Description
The US twin deficit, Western European economic integration, Eastern Europe's transition towards a market economy, the debt burden of the Less Developed Countries, the growing and deepening discrimination against the rest of the world by new homogeneous areas such as the North America free trade area, the new Europe, and Japan are the issues at the heart of global disequilibrium in the world economy. This book brings together leading economists to analyse these issues and further the debate on the need for sound economic policies to avoid a crash on a global scale.