عنوان

Too sensational :

شابک

0262270811

شابک

0585436495

شابک

9780262270816

شابک

9780585436494

شماره

b728890

عنوان اصلي

Too sensational :

نام عام مواد

[Book]

ساير اطلاعات عنواني

on the choice of exchange rate regimes /

نام نخستين پديدآور

W. Max Corden.

محل نشرو پخش و غیره

Cambridge, Mass. :

نام ناشر، پخش کننده و غيره

MIT Press,

تاریخ نشرو بخش و غیره

©2002.

نام خاص و کميت اثر

1 online resource (xiv, 274 pages) :

ساير جزييات

illustrations.

عنوان فروست

The Ohlin lectures ;

مشخصه جلد

9

متن يادداشت

Includes bibliographical references (pages 261-269) and index.

متن يادداشت

A long history -- Two regimes and three approaches -- The fixed-but-adjustable exchange rate regime -- In-between regimes -- The real targets approach: a diagrammatic interlude -- What role for fiscal policy? -- Contractionary devaluation and unhedged foreign-currency-denominated borrowing -- Openness and the size of the economy: how do they affect regime choice? -- Lessons from Latin America: Chile, Brazil, Mexico -- Argentina's great currency board experiment -- Lessons from Asia -- Lessons from Europe -- The exchange rate regime: too sensational, hollowed out, unimportant.

بدون عنوان

0

متن يادداشت

Most of the literature on exchange rate regimes has focused on the developed countries. Since the recent crises in emerging markets, however, attention has shifted to the choice of exchange rate regimes for developing countries, especially those that are more integrated into the world capital markets. In Too Sensational, W. Max Corden presents a systematic and accessible overview of the choice of exchange rate regimes. Reviewing many types of regimes, he shows how the choice of an exchange rate regime is related to both fiscal policy and trade policy.Building on the theory of optimum currency areas, Corden develops an analytic framework of three approaches (nominal anchor, real targets, and exchange rate stability) and three polar exchange rate regimes (absolutely fixed, pure floating, and fixed but adjustable). He considers all other regimes to be mixtures of two or three of the polar regimes.Beginning with theory and later turning to case studies of countries in Asia, Europe, and Latin America, Corden focuses on how economies react to negative and positive shocks under various exchange rate regimes. He examines in particular the Asian and Latin American currency crises of the 1990s. He concludes that although "too sensational" crises have discredited fixed but adjustable regimes, the extremes of absolutely fixed regimes or pure floating regimes need not be chosen.

منبع سفارش / آدرس اشتراک

MIT Press

منبع سفارش / آدرس اشتراک

MIT Press

شماره انبار

6838

شماره انبار

9780262270816

عنوان

Too sensational.

شماره استاندارد بين المللي کتاب و موسيقي

0262032988

موضوع مستند نشده

Foreign exchange rates.

موضوع مستند نشده

Foreign exchange.

موضوع مستند نشده

BUSINESS & ECONOMICS-- Foreign Exchange.

موضوع مستند نشده

Foreign exchange rates.

موضوع مستند نشده

Foreign exchange rates.

موضوع مستند نشده

Foreign exchange.

موضوع مستند نشده

Foreign exchange.

موضوع مستند نشده

Internationale monetaire politiek.

موضوع مستند نشده

Wisselkoersen.

موضوع مستند نشده

BUS-- 028000

شماره

ويراست

شماره رده

نشانه اثر

شماره رده

کد سيستم

مستند نام اشخاص تاييد نشده

Corden, W. M., (Warner Max)

تاريخ عمليات

20201214171844.0

قواعد فهرست نويسي ( بخش توصيفي )

pn

نام الکترونيکي

نوع ماده

[Book]

تكميل شده

Y