Role of the Current Account in Asset Market Models of Exchange Rate Determination
- Indbinding:
- Hardback
- Sideantal:
- 404
- Udgivet:
- 1. april 1987
- Udgave:
- 2019
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- 754 g.
- 8-11 hverdage.
- 20. november 2024
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Ingen binding og kan opsiges når som helst.
Beskrivelse af Role of the Current Account in Asset Market Models of Exchange Rate Determination
Frontmatter -- Acknowledgements -- CONTENTS -- ABBREVIATIONS -- Outline -- PART I: THEORETICAL FOUNDATIONS -- 1. Introduction: Exchange Rate Theories and the Current Account -- 2. The Monetary Approach -- 3. Portfolio Balance and Wealth Redistribution Effects of the Current Account -- 4. Exchange Rate Expectations and the Current Account -- 5. Diversified Current Account Financing in Portfolio Balance Models -- APPENDICES -- PART I I : EMPIRICAL EVIDENCE -- 6. Introduction and Outline -- 7. Testing the Basic Model: The Approach of Branson, Halttunen and Hasson -- 8. Testing a Multi-Country Model: The Approach of Martin and Masson -- 9. The Standard Portfolio Model: further Empirical Evidence -- 10. Diversified Current-Account Financing: Some Empirical Signs of Its Significance in the Deutsche Mark/US Dollar Case -- 11. Negative Net Foreign Asset Positions: Exchange Rate Stability in Portfolio Balance Models -- Appendices -- REFERENCES
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