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Международная макроэкономика и международные финансы – это две смежные дисциплины, изучающие экономические законы перемещения капитала между странами, а также связанные с ними макроэкономические процессы. К настоящему моменту обе дисциплины практически слились в единый фрагмент, объединенный макроэкономической методологией и ключевым политическим вопросом: какой курс иностранной валюты необходим стране в определенной ситуации. (подробнее...)
Всего публикаций в данном разделе: 5

Книги

Авторы:
все АБВГ Д Е ЖЗ ИЙК ЛМНОП РС Т УФХЦЧ Ш ЩЭ ЮЯ
AB C D E F G H I J K L MNO P QR S TU V WXYZ
 
Названия:
АБВ ГДЕЖЗИЙКЛМ Н ОП РС ТУФХЦЧШЩЭЮЯ
A BC DE F G H I JKLM N O P QR ST U VW XYZ
 

Опубликовано на портале: 30-12-2003
Ronald MacDonald, Paul C. Hallwood
USA: Blackwell Publishing Company, 2000, 547 с.
"This bood is unique in its thorough and up-to-date coverege of empirical results in the literature. The policy discussions are also well written and are nicely integrated with the presentation of the models... I strongly recommend it."
Peter Pedroni, Indiana University
"Paul Hallwood and Ronald MacDonald have written an outstanding textbook... With updated chapters on European monetary union, transition economies and developing countries - including discussion of the East Asian problems - the result is a handbook of encyclopedic range."
Jan Toporowski, South Bank University.
На портале есть рецензия на эту книгу.

Опубликовано на портале: 29-10-2003
This short, concrete, and to-the-point book guides students through this vast field of conflicting opinions. The book begins from the premise that students benefit most from seeing a balanced treatment of all available views. For instance, this book provides coverage of both ad hoc and optimizing models. It also explores divisions such as flexible price versus sticky price models, rationality versus irrationality, and calibration versus statistical inference. By giving consideration to each of these 'mini debates;, this book shows how each approach has its good and bad points.
ресурс содержит полный текст, либо отрывок из него ресурс содержит гиперссылку на сайт, на котором можно найти дополнительную информацию ресурс содержит графическое изображение (иллюстрацию)

Опубликовано на портале: 12-08-2004
Authors analyze the impact of financial globalization on asset prices, investment and the possibility of crashes driven by self-fulfilling expectations in emerging markets. In a two-country model with one emerging market (intermediate income level) and one industrialized country (high income level), they show that liberalization of capital flows increases asset prices, investment and income in the emerging market. However, for intermediate levels of international financial transaction costs, authors find that pessimistic expectations can be self-fulfilling, leading to a financial crash. The crash is accompanied by capital flight, a drop in income and investment below the financial autarky level and more market incompleteness. Authors show that emerging markets are more prone to financial crashes simply because they have a lower income level and not because of the existence of market failures (moral hazard or credit constraints), bad monetary policies or exchange rate regimes.
ресурс содержит гиперссылку на сайт, на котором можно найти дополнительную информацию

Опубликовано на портале: 12-08-2007
Bennett T. Mccallum
Oxford: Oxford University Press, 1996
This is an introduction to the major topics in international monetary economics. It concentrates on the concepts and relationships involving exchange rates and balance of payment magnitudes, the construction and manipulation of exchange rates, and a description of multi-country co-operation arrangements.
ресурс содержит полный текст, либо отрывок из него ресурс содержит гиперссылку на сайт, на котором можно найти дополнительную информацию ресурс содержит графическое изображение (иллюстрацию)

Опубликовано на портале: 13-08-2007
Enrique Gabriel Estrada Mendoza
2003
Financial contagion and Sudden Stops of capital inflows experienced in emerging-markets crises may originate in an explosive mix of lack of policy credibility and world capital market imperfections that afflict emerging economies with national currencies. Hence, this paper argues that abandoning national currencies to adopt a hard currency can significantly reduce the emerging countries' vulnerability to these crises. The credibility of their financial policies would be greatly enhanced by the implicit subordination to the policy-making institutions of the hard currency issuer. Their access to international capital markets would improve as the same expertise and information that global investors gather already to evaluate the monetary policy of the hard currency issuer would apply to emerging economies. Yet, adopting a hard currency does not eliminate business cycles, rule out all forms of financial crises, or solve severe fiscal problems that plague emerging economies, and it entails giving up seigniorage and potential benefits of conducting independent monetary policy. However, these disadvantages seem dwarfed by the urgent need to enable emerging countries to access global capital markets without exposing them to the risk of recurrent Sudden Stops.