Эксоцман
на главную поиск contacts

International Finance

Опубликовано на портале: 29-01-2003
Hampshire: Palgrave Macmillan, 1998
This is the second edition of the internationally renowned textbook for undergraduate and MBA students in international finance, international monetary economics and international economics. It provides a comprehensive coverage of both traditional and modern theories relating to the balance-of-payments and exchange rate determination. Similarities and differences between the major theories are highlighted and each theory is followed by a critical appraisal which examines its contribution, limitations and real world relevance. An evaluation of the empirical evidence on the theories discussed is a major feature of the book.

Keith Pilbeam lectures in International Finance at City University, London. A Graduate of Leeds University he has undertaken postgraduate studies at the College of Europe in Bruges, where he also became a teaching assistant. He obtained his Ph.D. from the European University Institute in Florence and has been employed at the National Westminster Bank and the Royal Bank of Scotland. He is a consultant to the Foreign Office and a number of academic and city financial institutions.
Introduction

PART 1: BALANCE-OF-PAYMENTS THEORY AND POLICY
The Foreign Exchange Market
The Balance-of-Payments
Elasticity and Absorption Approaches to the Balance-of-Payments
Macroeconomic Policy in an Open Economy
The Monetary Approach to the Balance-of-Payments

PART 2: EXCHANGE-RATE DETERMINATION: THEORY, EVIDENCE AND POLICY
Purchasing Power Parity and Floating Exchange-Rate Experience
Monetary Models of Exchange-Rate Determination
The Portfolio Balance Model
Empirical Evidence on Exchange Rates
Fixed, Flexible and Managed Exchange Rates

PART 3: THE POSTWAR INTERNATIONAL MONETARY SYSTEM
The Postwar International Monetary System
The Eurocurrency and Eurobond Markets
Derivatives: Currency Futures, Options and Swaps
International Policy Co-ordination
International Debt
European Monetary Union and the European Monetary System


Ключевые слова

См. также:
Bennett T. Mccallum
[Книга]
Paul D. Mizen, Mervyn K. Lewis
[Книга]
Thomas Pugel
[Книга]
Dennis Appleyard, Alfred Field
[Книга]