Exchange rates and global financial policies /

The book covers problems relating to international macroeconomics and international finance. The first part develops new approaches to exchange rate modeling. The second part is a collection of papers on the theory and empirical analysis of monetary unions. The third part contains criticism of the m...

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Bibliographic Details
Main Author: Grauwe, Paul de.
Corporate Author: World Scientific (Firm)
Format: eBook
Published: Singapore ; River Edge, N.J. : World Scientific Pub. Co., ©2014.
Series:World Scientific studies in international economics ; 31.
Online Access:CONNECT
Table of Contents:
  • pt. I. Exchange rate economics. 1. Chaos in the Dornbusch model of the exchange rate / Paul De Grauwe and Hans Dewachter
  • 2. Heterogeneity of agents, transactions costs and the exchange rate / Paul De Grauwe and Marianna Grimaldi
  • 3. Exchange rate puzzles: A tale of switching attractors / Paul De Grauwe and Marianna Grimaldi
  • 4. Exchange rates in search of fundamentals: The case of the euro-dollar rate / Paul De Grauwe
  • 5. Exchange rates and fundamentals: A non-linear relationship? / Paul De Grauwe and Isabel Vansteenkiste
  • 6. The impact of FX central bank intervention in a noise trading framework / Michel Beine, Paul De Grauwe and Marianna Grimaldi
  • pt. II. Monetary integration. 7. Conditions for monetary integration: A geometric interpretation / Paul De Grauwe
  • 8. Is Europe an optimum currency area? Evidence from regional data / Paul De Grauwe and Wim Vanhaverbeke
  • 9. Setting conversion rates for the third stage of EMU / Paul De Grauwe and Luigi Spaventa
  • 10. The euro and financial crises / Paul De Grauwe
  • 11. What have we learnt about monetary integration since the Maastricht treaty? / Paul De Grauwe
  • 12. The governance of a fragile eurozone / Paul De Grauwe
  • 13. Do asymmetries matter for European monetary policy? / Yunus Aksoy, Paul De Grauwe and Hans Dewachter
  • pt. III. Macroeconomics and monetary policy. 14. Is inflation always and everywhere a monetary phenomenon? / Paul De Grauwe and Magdalena Polan
  • 15. Monetary policy and the real economy / Paul De Grauwe and Claudia Costa Storti
  • 16. Lessons from the banking crisis: A return to narrow banking / Paul De Grauwe
  • 17. The scientific foundation of dynamic stochastic general equilibrium (DSGE) models / Paul De Grauwe
  • 18. Animal spirits and monetary policy / Paul De Grauwe
  • 19. Booms and busts in economic activity: A behavioral explanation / Paul De Grauwe.