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<図書>
A guide to international monetary economics : exchange rate theories, systems and policies

責任表示 Hans Visser
データ種別 図書
3rd ed
出版情報 Cheltenham : E. Elgar , c2004
本文言語 英語
大きさ xii, 259 p. : ill. ; 24 cm
概要 The erratic behavior of international exchange rates after the demise of the Bretton Woods system of fixed rates has led to a "bewildering" variety of models in exchange rate theory, according to Viss...r (international economics, Vrije U., the Netherlands). In order to explain the various models, he first categorizes them according to the period for which their explanation of the exchange rate is relevant. He covers asset (or very short period) models, in which exchange-rate movements are explained by capital flows; short period models focused on capital flows and payments and receipts on the current account; long period models, which add an equilibrium condition regarding the current account and the capital account; and very long period models where ideally purchasing power parity prevails. After discussing the models, he concludes with chapters on the policies required to maintain fixed exchange rates or prevent excessive volatility in flexible-rate systems, and the theory of optimal currency area and monetary unions. Annotation ©2004 Book News, Inc., Portland, OR (booknews.com) 続きを見る

所蔵情報



中央図 3B 338.57/V 82/20050916 2004
017212005009160

書誌詳細

一般注記 Includes bibliographical references (p. 221-249) and index
著者標目 *Visser, Hans
件 名 LCSH:Foreign exchange
LCSH:Foreign exchange rates
分 類 LCC:HG3851
DC22:332.4/5
書誌ID 1001276986
ISBN 1843765950
NCID BA70222452
巻冊次 ISBN:1843765950
: [pbk.] ; ISBN:1845426932
登録日 2009.09.18
更新日 2009.09.18

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