Handbook of international economics. Volume 2 /

Saved in:

Bibliographic Details
Imprint:	Amsterdam ; New York : North Holland ; New York, N.Y., U.S.A. : Sole distributors for the U.S.A. and Canada, Elsevier Science Pub. Co., 1985.
Description:	1 online resource (xiii, 625-1239 pages) : illustrations.
Language:	English
Series:	Handbooks in economics ; bk. 3 Handbooks in economics ; bk. 3.
Subject:	International economic relations -- Handbooks, manuals, etc. International economic relations. Handbooks and manuals.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/11123225

Hidden Bibliographic Details
Other authors / contributors:	Jones, Ronald Winthrop, 1931- Kenen, Peter B., 1932-2012.
ISBN:	9780444867933 0444867937
Notes:	Includes bibliographical references and indexes. Print version record.
Summary:	This Handbook adopts a traditional definition of the subject, and focuses primarily on the explanation of international transactions in goods, services, and assets, and on the main domestic effects of those transactions. The first volume deals with the "real side" of international economics. It is concerned with the explanation of trade and factor flows, with their main effects on goods and factor prices, on the allocation of resources and income distribution and on economic welfare, and also with the effects on national policies designed explicitly to influence trade and factor flows. In other words, it deals chiefly with microeconomic issues and methods. The second volume deals with the "monetary side" of the subject. It is concerned with the balance of payments adjustment process under fixed exchange rates, with exchange rate determination under flexible exchange rates, and with the domestic ramifications of these phenomena. Accordingly, it deals mainly with economic issues, although microeconomic methods are frequently utilized, especially in work on expectations, asset markets, and exchange rate behavior.

Table of Contents:

Macroeconomic theory and policy: How the closed economy was opened
Asset markets, exchange rates, and the balance of payments
The specification and influence of asset markets
The specification of goods and factor markets in open economy macroeconomic models
Stabilization policies in open economies
Exchange rate dynamics
Empirical studies of exchange rates: Price behavior, rate determination and market efficiency
Income and price effects in foreign trade
Empirical studies of macroeconomic interdependence
International money and international monetary arrangements
Economic interdependence and coordination of economic policies

Similar Items