Exchange rate instability /
Krugman, Paul R., 1953-
Exchange rate instability / Paul R. Krugman. - Cambridge : The MIT Press, 1989. - ix, 122 páginas : tablas, gráficas ; 21 cm. - The Lionel Robbins Lectures .
Incluye referencias bibliográficas (páginas 119-120) e índice.
1. The case for exchange-rate flexibility: The extent and trend of international integration ; The case for changing the exchange rate ; Three caveats ; Where we are now ; Appendix: The trade balance and the real exchange -- 2. The delinking of exchange rates from reality: Pricing to market in practice ; The sunk cost model ; Some calculations ; Hysteresis ; The equilibrium value of the dollar ; Appendix: the Dixit model of entry and exit under exchange-rate uncertainty -- 3. Financial markets and the international monetary systems: The performance of international financial markets ; A verdict on the foreign-exchange market ; Exchange-rate policy ; A prescription for the international monetary system ; Getting from here to there ; Appendix: Diagnosing speculative bubbles.
0262111403
Integración económica
Mercado financiero
Integración económica regional
332.456 / K78e
Exchange rate instability / Paul R. Krugman. - Cambridge : The MIT Press, 1989. - ix, 122 páginas : tablas, gráficas ; 21 cm. - The Lionel Robbins Lectures .
Incluye referencias bibliográficas (páginas 119-120) e índice.
1. The case for exchange-rate flexibility: The extent and trend of international integration ; The case for changing the exchange rate ; Three caveats ; Where we are now ; Appendix: The trade balance and the real exchange -- 2. The delinking of exchange rates from reality: Pricing to market in practice ; The sunk cost model ; Some calculations ; Hysteresis ; The equilibrium value of the dollar ; Appendix: the Dixit model of entry and exit under exchange-rate uncertainty -- 3. Financial markets and the international monetary systems: The performance of international financial markets ; A verdict on the foreign-exchange market ; Exchange-rate policy ; A prescription for the international monetary system ; Getting from here to there ; Appendix: Diagnosing speculative bubbles.
0262111403
Integración económica
Mercado financiero
Integración económica regional
332.456 / K78e