| Description |
1 online resource (xxi, 562 pages) : illustrations (some color). |
| Physical Medium |
polychrome |
| Description |
text file |
| Series |
World Scientific Studies in International Economics,
1793-3641 ;
31
|
|
World Scientific studies in international economics ; 31.
|
| Bibliography |
Includes bibliographical references and index. |
| Contents |
pt. I. Exchange rate economics. 1. Chaos in the Dornbusch model of the exchange rate / Paul De Grauwe and Hans Dewachter -- 2. Heterogeneity of agents, transactions costs and the exchange rate / Paul De Grauwe and Marianna Grimaldi -- 3. Exchange rate puzzles: A tale of switching attractors / Paul De Grauwe and Marianna Grimaldi -- 4. Exchange rates in search of fundamentals: The case of the euro-dollar rate / Paul De Grauwe -- 5. Exchange rates and fundamentals: A non-linear relationship? / Paul De Grauwe and Isabel Vansteenkiste -- 6. The impact of FX central bank intervention in a noise trading framework / Michel Beine, Paul De Grauwe and Marianna Grimaldi -- pt. II. Monetary integration. 7. Conditions for monetary integration: A geometric interpretation / Paul De Grauwe -- 8. Is Europe an optimum currency area? Evidence from regional data / Paul De Grauwe and Wim Vanhaverbeke -- 9. Setting conversion rates for the third stage of EMU / Paul De Grauwe and Luigi Spaventa -- 10. The euro and financial crises / Paul De Grauwe -- 11. What have we learnt about monetary integration since the Maastricht treaty? / Paul De Grauwe -- 12. The governance of a fragile eurozone / Paul De Grauwe -- 13. Do asymmetries matter for European monetary policy? / Yunus Aksoy, Paul De Grauwe and Hans Dewachter -- pt. III. Macroeconomics and monetary policy. 14. Is inflation always and everywhere a monetary phenomenon? / Paul De Grauwe and Magdalena Polan -- 15. Monetary policy and the real economy / Paul De Grauwe and Claudia Costa Storti -- 16. Lessons from the banking crisis: A return to narrow banking / Paul De Grauwe -- 17. The scientific foundation of dynamic stochastic general equilibrium (DSGE) models / Paul De Grauwe -- 18. Animal spirits and monetary policy / Paul De Grauwe -- 19. Booms and busts in economic activity: A behavioral explanation / Paul De Grauwe. |
| Summary |
The book covers problems relating to international macroeconomics and international finance. The first part develops new approaches to exchange rate modeling. The second part is a collection of papers on the theory and empirical analysis of monetary unions. The third part contains criticism of the mainstream macroeconomic models and proposes alternative modeling approaches. |
| Local Note |
eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America |
| Subject |
Foreign exchange rates.
|
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Foreign exchange rates. |
|
Monetary policy.
|
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Monetary policy. |
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International finance.
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International finance. |
| Genre/Form |
Electronic books.
|
| Added Author |
World Scientific (Firm)
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| Other Form: |
Print version: 9814513180 |
|
Print version: 9789814513180 |
| ISBN |
9789814513197 (electronic book) |
|
9814513199 (electronic book) |
|
9814513180 |
|
9789814513180 |
|
