|
Books > Business & Economics > Economics > International economics
|
Not currently available
Asset Markets and Exchange Rates - Modeling an Open Economy (Hardcover)
Loot Price: R2,590
Discovery Miles 25 900
|
|
|
Asset Markets and Exchange Rates - Modeling an Open Economy (Hardcover)
Supplier out of stock. If you add this item to your wish list we will let you know when it becomes available.
|
This paperback edition consists of the first three parts of Allen
and Kenen's major book, Asset Markets, Exchange Rates, and Economic
Integration. These three parts stand alone, as the authors intended
and as reviewers have commented. In parts four and five of that
volume they extend their model to two countries trading with the
outside world and analyze questions of economic integration. The
authors synthesize and extend recent developments in international
monetary theory using a general model of an open economy that
trades goods and assets with the outside world. The model embodies
the asset market or portfolio approach to analyzing
balance-of-payments adjustment. Exchange rates are determined in
the short run by conditions in the asset markets and in the long
run by conditions in the goods markets. The goods markets include
an export good, and import good, and a nontradeable good. Allen and
Kenen show that different assumptions about the substitutability
between goods or between assets can generate several popular models
as special cases of their own.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
|
You might also like..
|
Email address subscribed successfully.
A activation email has been sent to you.
Please click the link in that email to activate your subscription.
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
