Monetary Policy for a Changing Financial EnvironmentWilliam S. Haraf, Phillip Cagan Join Peppa and her friends on their class trip to the top of the mountain. What fun things will they find? This title is perfect for back to school. |
Contents
A Commentary by Morris Goldstein | 45 |
INTERNATIONAL CAPITAL FLOWS THE Dollar and U | 51 |
by William H Branson | 89 |
EXCHANGE RATES THE CURRENT ACCOUNT | 95 |
A Commentary by Jeffrey A Frankel | 117 |
FUTURE CHALLENGES TO THE INTERNATIONAL MONETARY | 150 |
Common terms and phrases
adjustment alternative exchange alternative exchange rate analysis argue assets behavior budget deficit capital controls capital mobility choice of exchange cooperation creditor current account deficit debtor country depreciation destabilizing speculation discussed disturbances domestic economists equilibrium models European Monetary System evaluate evidence excess volatility exchange rate changes exchange rate regime exchange rate system exchange rate variability exchange rate volatility expected exports Federal Reserve fiscal policy fixed exchange rates Flexible Exchange Rates floating exchange rates foreign exchange market Frankel implications incentives increase interest rate parity international capital mobility International Economics International Monetary intervention investment investors issue literature long-run equilibrium macroeconomic market participants ment misalignment monetary policy nominal exchange rate nominal price output paper pegged percent policy coordination policy makers real exchange rate real interest rate reduce shocks simulation speculative bubbles stabilizing Stockman target zone theory tion trade volume U.S. dollar uncertainty United variance Wihlborg Willett