Exchange rates and international finance /

Copeland, Laurence S.

Exchange rates and international finance / Laurence S. Copeland. - 6th ed. - Harlow : Pearson Education Limited, c.2014. - xiv, 573 p. : ill. ; 25 cm.

Index : p. 563-573.

Bibliography : p. 551-562.

List of exhibits -- Preface and acknowledgements -- Introduction -- The international setting -- Prices in the open economy : purchasing power parity -- Financial markets in the open economy -- Open economy macroeconomics -- Exchange rate determination -- Flexible prices : the monetary model -- Fixed prices : the mundell/fleming model -- Sticky prices : the dornbusch model -- Portfolio balance and the current account -- Currency substitution -- General equilibrium models -- A world of uncertainty -- Market efficiency and rational expectations -- The "news" model, exchange rate volatility and forecasting -- The risk premium -- Target zones -- Crises and credibility -- Crises and credibility -- Heterogeneous expectations and scapegoat models -- Order flow analysis -- A certain uncertainty: nonlinearity, cycles and chaos -- Conclusions -- Bibliography -- Index.

9780273786047


Foreign exchange rates.
International finance.





332.456 / COP