Copeland, Laurence S. creator text xxu Harlow Prentice Hall 2005 monographic eng

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xii, 500 p.: 24cm. Contents: Introduction: What is an exchange rate? -- The Market for foreign currency -- Balance of payments -- DIY model -- Exchange rates since world war II: a brief history -- Overview book -- The International setting : Prices in the open economy : Purchasing power parity -- Financial markets in the open economy -- Exchange Rate determination : Flexible prices : the monetary model -- Fixed prices : the monetary model -- Fixed prices: the Mundell Fleming model -- Sticky prices: the dornbusch -- Portfolio balance and the current account -- Currency substitution -- General equilibrim models -- Optimum currency areas and monetary union -- A world of uncertainty: Market efficiency and rational exceptions -- The News model and exchange rate volatile -- The Risk premium -- Fixed exchange rates : A Certain uncertianty : non- linearity, cycles and chaos -- Target zones -- Crises and credibility -- Conclusions -- Appendix: List symbols. Laurence S.Copeland Includes index. HG3821.C78 0273683063 120614