INTERNATIONAL MONEY AND FINANCE HALLWOOD P. Księgarnia

International Money and Finance

"This book is unique in its thorough and up-to-date coverage of empirical results in the literature. The policy discussions are also well written and are nicely integrated with the presentation of the modelsaI strongly recommend it."

Peter Pedroni, Indiana University

With the third edition of International Money and Finance, Hallwood and MacDonald continue to provide an invaluable resource for advanced undergraduates and graduates studying monetary economics in an international context. Reflecting monetary, neoclassical, and neoKeynesian research agendas, the book investigates all four dimensions of international money and finance - theory, evidence, policy, and institutions.

In addition to offering new and revised sections to reflect the latest theoretical and empirical research, the third edition includes new chapters on:

- real shocks and exchange regime volatility.

- currency crises and speculative attack.

- exchange rate target zones and 'dirty floating'

- exchange rates and transition economies.

Author Description:

C. Paul Hallwood is Professor of Economics at University of Connecticut. He has authored five books and many papers within the international economics field, covering areas such as international money and finance, the multinational corporation, the international oil industry and developing economies, and the economics of commodity markets.

Ronald MacDonald is Professor of International Finance in the Department of Economics at University of Strathclyde. He is the author/editor of several books in international money and finance and has written numerous articles in the areas of international finance, macroeconomics, and financial economics.

Contents:

List of Figures.

List of Tables.

Preface to the Third Edition.

Part I: Introduction.

Part II: Some Basic Concepts in International Finance.

Part III: Spot and Forward Exchange Rates: Some More Basic Ideas.

Part IV: Income and the Balance of Payments.

Part V: Macroeconomics in an Open Economy: The Mundell-Fleming Model and Some Extensions.

Part VI: International Policy Coordination.

Part VII: Purchasing Power Parity: Theory and Evidence.

Part VIII: The Monetary Approach to the Balance of Payments.

Part IX: The Monetary View of Exchange Rate Determination.

Part X: The Monetary Model: Further Applications - Real Shocks and Exchange Regime Volatility.

Part XI: The Portfolio Balance Approach to the Determination of the Exchange Rate.

Part XII: Spot and Forward Exchange Rates and the Efficient Markets Hypothesis.

Part XIII: Expectational Explanations for the Rejection of the Efficient Markets Hypothesis and the "News".

Part XIV: Currency Crises and Speculative Attack.

Part XV: Exchange Rate Target Zones and 'Dirty Floating'.

Part XVI: The International Gold Standard: Theory and Experience.

Part XVII: The Dollar Standard Today and During the Bretton Woods Era.

Part XVIII : Monetary Unions.

Part XIX: International Capital Flows.

Part XX: Developing Countries, Balance of Payments Adjustment and the IMF.

Part XXI: The Order of Liberalization in Developing Countries.

Part XXII: Exchange Rates and Transition Economies.

Part XXIII: International Debt.

Bibliography.

Author Index.

Subject Index.

547 pages

Księgarnia nie działa. Nie odpowiadamy na pytania i nie realizujemy zamówien. Do odwolania !.