Exchange Rate-Determination

This volume provides a survey of thought about exchange-rate determination as it emerged in the 1970s.

Contenu

Preface; 1. Introduction; 2. The field, the questions, and the concepts; 3. Models of the current account; 4. Models of the capital account; 5. Interactions between current account and capital account; 6. Alternative exchange-rate systems; 7. Policy effects under differing macroeconomic specifications; 8. Payments regimes and developing countries; References; Subject index; Author index.