TY  - BOOK
AU  - Krugman,Paul R.
TI  - Exchange rate instability / 
T2  - The Lionel Robbins Lectures
SN  - 0262111403
U1  - 332.456 21
PY  - 1989///
CY  - Cambridge : 
PB  - The MIT Press, 
KW  - Integración económica
KW  - Mercado financiero
KW  - Integración económica regional
N1  - 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.
ER  -