Advertisement

International Macroeconomics

  • Authors
  • Emmanuel Pikoulakis
Textbook

About this book

Introduction

This new text provides a systematic and comprehensive international treatment of the asset approach to the exchange rate and the current account of the balance of payments. It includes an analysis of macroeconomic adjustments under fixed, floating and managed exchange rates and it compares the stabilisation properties of each exchange rate regime in the case where economies are subjected to random shocks and price adjustments and are characterized by inertia. It highlights the issues that arise from international coordination of policies and provides a comprehensive survey of the empirical evidence on exchange rate economics.

Keywords

exchange rates growth Inflation macroeconomics

Bibliographic information

  • DOI https://doi.org/10.1007/978-1-349-24295-5
  • Copyright Information Macmillan Publishers Limited 1995
  • Publisher Name Palgrave, London
  • Print ISBN 978-0-333-59896-2
  • Online ISBN 978-1-349-24295-5
  • Buy this book on publisher's site
Industry Sectors
Finance, Business & Banking