04481nam 2200793Ia 450 991096499880332120200520144314.09786611224158978128122415612812241549780226050997022605099810.7208/9780226050997(CKB)1000000000403651(EBL)408262(OCoLC)261341660(SSID)ssj0000359837(PQKBManifestationID)12108454(PQKBTitleCode)TC0000359837(PQKBWorkID)10317903(PQKB)10836077(SSID)ssj0000151750(PQKBManifestationID)11144715(PQKBTitleCode)TC0000151750(PQKBWorkID)10319495(PQKB)11721067(MiAaPQ)EBC408262(DE-B1597)535644(OCoLC)781253699(DE-B1597)9780226050997(Au-PeEL)EBL408262(CaPaEBR)ebr10216949(CaONFJC)MIL122415(Perlego)1842450(EXLCZ)99100000000040365119840307d1984 uy 0engurcn|||||||||txtrdacontentcrdamediacrrdacarrierExchange rate theory and practice /edited by John F. O. Bilson and Richard C. Marston1st ed.Chicago University of Chicago Press19841 online resource (542 pages) illustrationsA National Bureau of Economic Research conference reportPapers presented at a conference held in Jan. 1982 at the Rockefeller Foundation's Bellagio Conference Center on Lake Como in northern Italy, and sponsored by the National Bureau of Economic Research.9780226050973 0226050971 9780226050966 0226050963 Includes bibliographies and indexes.Front matter --Contents --Introduction --1. The Theory of Exchange Rate Determination --2. Exchange Rate Policy after a Decade of "Floating' ' --3. International Interest Rate and Price Level Linkages under Flexible Exchange Rates: A Review of Recent Evidence --4. Properties of Innovations in Spot and Forward Exchange Rates and the Role of Money Supply Processes --5. Exchange Rate Dynamics --6. International Portfolio Diversification: Short-Term Financial Assets and Gold --7. Tests of Monetary and Portfolio Balance Models of Exchange Rate Determination --8. The International Role of the Dollar: Theory and Prospect --9. Real Exchange Rates in the 1970's --10. The Real Exchange Rate, the Current Account, and the Speed of Adjustment --11. Exchange Market Intervention Operations: Their Role in Financial Policy and Their Effects --12. Exchange Rate Unions as an Alternative to Flexible Rates: The Effects of Real and Monetary Disturbances --13. Multilateral Exchange Rate Determination: A Model for the Analysis of the European Monetary System --14. Effects of United States Monetary Restraint on the DM/15. The Relationship between Exchange Rate Policy and Monetary Policy in Ten Industrial Countries --Contributors --Name Index --Subject IndexThis volume grew out of a National Bureau of Economic Research conference on exchange rates held in Bellagio, Italy, in 1982. In it, the world's most respected international monetary economists discuss three significant new views on the economics of exchange rates - Rudiger Dornbusch's overshooting model, Jacob Frenkel's and Michael Mussa's asset market variants, and Pentti Kouri's current account/portfolio approach. Their papers test these views with evidence from empirical studies and analyze a number of exchange rate policies in use today, including those of the European Monetary System.Conference report (National Bureau of Economic Research (U.S.))Foreign exchange futuresCongressesForeign exchange futures332.4/5Bilson John F. O88771Bilson John F. O88771Marston Richard C88787National Bureau of Economic Research.MiAaPQMiAaPQMiAaPQBOOK9910964998803321Exchange rate theory and practice4358186UNINA