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International Monetary Economics Hardcover - 1996
by Bennett T. McCallum
From the rear cover
International Monetary Economics presents a brief introduction to the major topics of the subject area together with an analytical framework that is designed to facilitate a better understanding of international monetary economics. The text concentrates on concepts and relationships involving exchange rates and balance-of-payments magnitudes; the construction and manipulation of a small but versatile model of exchange rate and balance-of-payment behavior; and the description of current and prospective arrangements for multicountry cooperation in Europe and elsewhere.
Details
- Title International Monetary Economics
- Author Bennett T. McCallum
- Binding Hardcover
- Edition [ Edition: Repri
- Pages 280
- Volumes 1
- Language ENG
- Publisher Oxford University Press, USA, New York
- Date 1996-01-25
- ISBN 9780195094947 / 0195094948
- Weight 1.11 lbs (0.50 kg)
- Dimensions 9.5 x 6.4 x 0.91 in (24.13 x 16.26 x 2.31 cm)
- Reading level 1630
- Library of Congress subjects International finance, Foreign exchange
- Library of Congress Catalog Number 94045731
- Dewey Decimal Code 332.042
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New York: Oxford University Press, 1996. Comprehensive scholarly text presents a brief introduction to the major topics of the subject area together with an analytical framework that is designed to facilitate a better understanding of international monetary economics. The text concentrates on concepts and relationships involving exchange rates and balance-of-payments magnitudes; the construction and manipulation of a small but versatile model of exchange rate and balance-of-payments behavior; and the description of current and prospective arrangements for multicountry cooperation in Europe and elsewhere. These broad topics are arranged in three main parts. In Part I the author presents basic concepts and a historical perspective on the US and global economy, with emphasis on the evolution of international monetary institutions since 1800. Part II introduces the basic analytical model -- usable with fixed and floating exchange rates, in which capital mobility is complete, real exchange rates are…
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