Skip to main content
SpringerLink
Log in

International Finance

  • Textbook
  • © 1998

Overview

Authors:
  1. Keith Pilbeam

    1. City University, London, UK

    View author publications

    You can also search for this author in PubMed   Google Scholar

  • This is a well known and successful textbook, one of the first in International Finance, that has been fully revised and updated.
    It covers the major traditional and modern theories and empirical and applied topics in the field of International Finance.
    An evaluation of empirical evidence of theories is a major feature of the book and there is extensive treatment of the most recent literature.
    New chapters covering derivative instruments such as Swaps, Options and Futures have been introduced as well as updated coverage of the Euromoney and Eurobond markets.
    The text is written in a clear and concise style that will enable the reader to master quickly the major theories and empirical evidence.
    This is a very topical area on economics, finance and business programmes, including MBA programmes

Part of the book series: Texts in Economics (TE)

This is a preview of subscription content, log in via an institution to check access.

Access this book

Log in via an institution

Other ways to access

Licence this eBook for your library

Institutional subscriptions

Table of contents (16 chapters)

  1. Front Matter

    Pages i-xxviii
    Download chapter PDF

  2. Balance-of-Payments Theory and Policy

    1. Front Matter

      Pages 1-1
      Download chapter PDF

    2. The Foreign Exchange Market

      • Keith Pilbeam
      Pages 3-30

    3. The Balance of Payments

      • Keith Pilbeam
      Pages 31-55

    4. Elasticity and Absorption Approaches to the Balance of Payments

      • Keith Pilbeam
      Pages 57-73

    5. Macroeconomic Policy in an Open Economy

      • Keith Pilbeam
      Pages 75-104

    6. The Monetary Approach to the Balance of Payments

      • Keith Pilbeam
      Pages 105-134

  3. Exchange-Rate Determination: Theory, Evidence and Policy

    1. Front Matter

      Pages 135-135
      Download chapter PDF

    2. Purchasing Power Parity and Floating Exchange-rate Experience

      • Keith Pilbeam
      Pages 137-158

    3. The Monetary Models of Exchange-rate Determination

      • Keith Pilbeam
      Pages 159-183

    4. The Portfolio Balance Model

      • Keith Pilbeam
      Pages 185-211

    5. Empirical Evidence on Exchange Rates

      • Keith Pilbeam
      Pages 213-248

    6. Fixed, Floating and Managed Exchange Rates

      • Keith Pilbeam
      Pages 249-274

  4. The Postwar International Monetary System

    1. Front Matter

      Pages 275-275
      Download chapter PDF

    2. The Postwar International Monetary System

      • Keith Pilbeam
      Pages 277-310

    3. The Eurocurrency and Eurobond Markets

      • Keith Pilbeam
      Pages 311-334

    4. Currency Derivatives: Futures, Options and Swaps

      • Keith Pilbeam
      Pages 335-374

    5. International Macroeconomic Policy Coordination

      • Keith Pilbeam
      Pages 375-396

    6. International Debt Crisis

      • Keith Pilbeam
      Pages 397-432

    7. The European Monetary System and European Monetary Union

      • Keith Pilbeam
      Pages 433-475
Back to top

Keywords

About this book

This is the second edition of the internationally renowned textbook for undergraduate and MBA students in international finance, international monetary economics and international economics. It provides a comprehensive coverage of both traditional and modern theories relating to the balance of payments and exchange rate determination. Similarities and differences between the major theories are highlighted, and each theory is followed by a critical appraisal which examines its contribution, limitations and real-world relevance. An evaluation of the empirical evidence on the theories discussed is a major feature of the book.

This edition is fully revised and updated with new material covering derivative instruments such as swaps, options and futures, as well as updated coverage of the Euromoney and Eurobond markets.

Authors and Affiliations

  • City University, London, UK

    Keith Pilbeam

About the author

KEITH PILBEAM lectures in International Finance at City University, London. A Graduate of Leeds University he has undertaken postgraduate studies at the College of Europe in Bruges, where he also became a teaching assistant. He obtained his Ph.D. from the European University Institute in Florence and has been employed at the National Westminster Bank and the Royal Bank of Scotland. He is a consultant to the Foreign Office and a number of academic and city financial institutions. He is the author of two other books, Exchange Rate Management: Theory and Evidence and Finance and Financial Markets, both published by Macmillan.

Bibliographic Information

Publish with us

Policies and ethics

Back to top

Search

Navigation