Эксоцман
на главную поиск contacts

International Finance

Опубликовано на портале: 23-10-2003
Факультет: Department of Economics
Год: Winter 2001
Язык: Английский
Тематические разделы: Экономика, Финансовая экономика, Финансовая экономика: Теория финансов

Aннотация:
This is a second-year graduate course in international finance and macroeconomics. Topics covered in the course are current account dynamics, international risksharing, international business cycles, exchange rate determination, international parity conditions and the management of alternative exchange rate regimes.



TOPICS:

1. Savings, Investment and Current Account Dynamics
2. International Real Business Cycles
3. Low Consumption Correlations, International Risksharing and Home Bias
4. The Law or One Price and Purchasing Power Parity
5. Nominal Exchange Rates
6. Balance of Payments Crises and Financial Market Stability
7. Exchange Rate Based Stabilizations

LITERATURE

Backus D., Kehoe P., Kydland F. International Real Business Cycles. Journal of Political Economy, 1992
Engle C., Rogers J. How Wide is the Border? AER, December 1996
Grossman G., Rogoff K. The Handbook of International Economics, North Holland, Elsevier Press, 1996
Feldstein M., Horioka C. Domestic Saving and International Capital Flows. Economic Journal, 90, 1980
Krugman P. A Model of Balance of Payment Crises, JMCB 1979
Lucas R.E. Interest Rates and Currency Prices in a Two-Country World. Journal of Monetary Economics, 10, 1982
Mendoza E., Uribe M. Devaluation Risk and the Syndrome of Exchange-Rate-Based Stabilizations and the Uncertain Duration of Currency Pegs, NBER WP 7014, 1999
Obstfeld M. Capital Mobility in the World Economy: Theory and Measurement. Carnegie-Rochester Conference Series on Public Policy, 24, 1986, 55-104
Obstfeld M., Rogoff K. Foundations of International Macroeconomics, Cambridge, MA, MIT Press, 1996
Obstfeld M., Rogoff K. Exchange Rate Dynamics Redux, JPE, 1995
Stockman A., Tesar L. Tastes and Technology in a Two-Country Model of the Business Cycle:Explaining International Co-Movements, AER, 1995
Svensson L. E. O. Currency Prices, Terms of Trade and Interest Rates: A General Equilibrium Asset-Pricing, Cash-in-Advance Approach, Journal of International Economics, 1985
Taylor A. International Capital Mobility in History: the Savings-Investment Relationship, NBER WP 5743
Tesar L. Savings, Investment and International Capital Flows. Journal of International Economics, 31, 1991

Программа курса на персональной страничке профессора экономики Линды Тесар:
http://www.econ.lsa.umich.edu/~ltesar/pd...

Ключевые слова

См. также:
Stephen W. Salant, Dale W. Henderson
[Статья]
Owen Lamont, Christopher Polk, Jesus Saa-Requejo
Review of Financial Studies. 2001.  Vol. 14. No. 2. P. 529-554. 
[Статья]
Werner Antweiler
[Интернет-ресурс]
Benoit Mulkay, Bronwyn H. Hall, Jacques Mairesse
[Статья]
Carmen M. Reinhart, Vincent R. Reinhart
[Книга]