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|a Exchange rates, capital flows and policy /
|c edited by Rebecca Driver, Peter Sinclair and Christoph Thoenissen.
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|a London ;
|a New York :
|b Routledge,
|c 2005.
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|a 1 online resource (viii, 425 pages) :
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|a Routledge international studies in money and banking ;
|v 30
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|a Includes bibliographical references and index.
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|a Print version record.
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|a 1. Introduction / Rebecca Driver, Peter Sinclair and Christoph Thoenissen -- 2. Can emerging markets float? should they inflation target? / Barry Eichengreen -- 3. Exchange rates, inflation and monetary policy objectives in open economies : the experience of Chile / Rodrigo Caputo -- 4. The expenditure switching effect and the choice between fixed and floating exchange rates / Ozge Senay and Alan Sutherland -- 5. Economic shocks and the choice of currency area : the case of Argentina, 1991-2002 / Paul Hallwood, Ian Marsh and Jörg Scheibe -- 6. Concepts of equilibrium exchange rates / Rebecca Driver and Peter Westaway -- 7. Fundamental equilibrium exchange rates and currency boards : evidence from Argentina and Estonia in the 1990s / Kalin Hristov -- 8. Revisiting the border : an assessment of the law of one price using very disaggregated consumer price data / Charles Engel, John H. Rogers and Shing-Yi Wang -- 9. An asset market integration test based on observable macroeconomic stochastic discount factors / Peter N. Smith, Steffen Sorensen and Mike Wickens -- 10. Real exchange rates, current accounts and the net foreign asset position / Christoph Thoenissen -- 11. The macroeconomics of international financial trade / Philip Lane -- 12. External adjustment and debt sustainability / Douglas Hostland and Lawrence Schembri -- 13. What type of country restricts international capital movements? / Dan Huynh and Peter Sinclair -- 14. An empirical analysis of the "impossible trinity" : an East Asian perspective / Izumi Takagawa -- 15. Sterilized intervention and monetary control : the case of Korea / Byung Han Seo -- 16. Intervention in the foreign exchange market in a model with noise traders / Paul De Grauwe and Marianna Grimaldi -- 17. Exchange rates, capital flows and policy : some concluding observations / Rebecca Driver, Peter Sinclair and Christoph Thoenissen.
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|a Combining thorough scholarship with illuminating real-world examples, this edited collection provides insights on the causes and consequences of movements in both exchange rates and external assets and has a strong focus on the policy implications of operating in an open economy, particularly the choice of exchange rate and monetary policy, exchange rate intervention and policies on capital mobility.
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590 |
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|a eBooks on EBSCOhost
|b EBSCO eBook Subscription Academic Collection - Worldwide
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|a Foreign exchange rates.
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650 |
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|a Monetary policy.
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650 |
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|a Capital movements.
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|a Taux de change.
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|a Politique monétaire.
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|a Mouvements de capitaux.
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|a Sinclair, P. J. N.
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|a Driver, Rebecca.
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|a Thoenissen, C.
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|i Print version:
|t Exchange rates, capital flows and policy.
|d London ; New York : Routledge, 2005
|z 0415352630
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|a Routledge international studies in money and banking ;
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