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Exchange rates, capital flows and policy /

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 ch...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Otros Autores: Sinclair, P. J. N., Driver, Rebecca, Thoenissen, C.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: London ; New York : Routledge, 2005.
Colección:Routledge international studies in money and banking ; 30.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • 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.