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International Macroeconomics

by Emmanuel Pikoulakis

International Macroeconomics Synopsis

This new text provides a systematic and comprehensive international treatment of the asset approach to the exchange rate and the current account of the balance of payments. It includes an analysis of macroeconomic adjustments under fixed, floating and managed exchange rates and it compares the stabilisation properties of each exchange rate regime in the case where economies are subjected to random shocks and price adjustments and are characterized by inertia. It highlights the issues that arise from international coordination of policies and provides a comprehensive survey of the empirical evidence on exchange rate economics.

Book Information

ISBN: 9780333598962
Publication date: 15th November 1995
Author: Emmanuel Pikoulakis
Publisher: Palgrave Macmillan
Format: Paperback / softback
Pagination: 288 pages
Categories: Macroeconomics, International economics,

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