Exchange rates, capital flows and policy /

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Bibliographic Details
Imprint:London ; New York : Routledge, 2005.
Description:1 online resource (viii, 425 pages) : illustrations
Language:English
Series:Routledge international studies in money and banking ; 30
Routledge international studies in money and banking ; 30.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/11298504
Hidden Bibliographic Details
Other authors / contributors:Sinclair, P. J. N.
Driver, Rebecca.
Thoenissen, C.
ISBN:0203171950
9780203171950
0415352630
9780415352635
Notes:Includes bibliographical references and index.
Print version record.
Summary:Combining thorough scholarship with illuminating real-world examples, this edited collection provides insights on the causes and consequences of movements in both exchange rates and external assets and has a strong focus on the policy implications of operating in an open economy, particularly the choice of exchange rate and monetary policy, exchange rate intervention and policies on capital mobility.
Other form:Print version: Exchange rates, capital flows and policy. London ; New York : Routledge, 2005 0415352630
Table of Contents:
  • 1. Introduction / Rebecca Driver, Peter Sinclair and Christoph Thoenissen
  • 2. Can emerging markets float? should they inflation target? / Barry Eichengreen
  • 3. Exchange rates, inflation and monetary policy objectives in open economies : the experience of Chile / Rodrigo Caputo
  • 4. The expenditure switching effect and the choice between fixed and floating exchange rates / Ozge Senay and Alan Sutherland
  • 5. Economic shocks and the choice of currency area : the case of Argentina, 1991-2002 / Paul Hallwood, Ian Marsh and Jörg Scheibe
  • 6. Concepts of equilibrium exchange rates / Rebecca Driver and Peter Westaway
  • 7. Fundamental equilibrium exchange rates and currency boards : evidence from Argentina and Estonia in the 1990s / Kalin Hristov
  • 8. Revisiting the border : an assessment of the law of one price using very disaggregated consumer price data / Charles Engel, John H. Rogers and Shing-Yi Wang
  • 9. An asset market integration test based on observable macroeconomic stochastic discount factors / Peter N. Smith, Steffen Sorensen and Mike Wickens
  • 10. Real exchange rates, current accounts and the net foreign asset position / Christoph Thoenissen
  • 11. The macroeconomics of international financial trade / Philip Lane
  • 12. External adjustment and debt sustainability / Douglas Hostland and Lawrence Schembri
  • 13. What type of country restricts international capital movements? / Dan Huynh and Peter Sinclair
  • 14. An empirical analysis of the "impossible trinity" : an East Asian perspective / Izumi Takagawa
  • 15. Sterilized intervention and monetary control : the case of Korea / Byung Han Seo
  • 16. Intervention in the foreign exchange market in a model with noise traders / Paul De Grauwe and Marianna Grimaldi
  • 17. Exchange rates, capital flows and policy : some concluding observations / Rebecca Driver, Peter Sinclair and Christoph Thoenissen.