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Handbook of International Economics: International Monetary Economics and Financevolume 2

3/5 ( ratings)

This Handbook adopts a traditional definition of the subject, and focuses primarily on the explanation of international transactions in goods, services, and assets, and on the main domestic effects of those transactions. The first volume deals with the real side of international economics. It is concerned with the explanation of trade and factor flows, with their main effects on goods and factor prices, on the allocation of resources and income distribution and on economic welfare, and also with the effects on national policies designed explicitly to influence trade and factor flows. In other words, it deals chiefly with microeconomic issues and methods. The second volume deals with the monetary side of the subject. It is concerned with the balance of payments adjustment process under fixed exchange rates, with exchange rate determination under flexible exchange rates, and with the domestic ramifications of these phenomena. Accordingly, it deals mainly with economic issues, although microeconomic methods are frequently utilized, especially in work on expectations, asset markets, and exchange rate behavior. For more information on the Handbooks in Economics series, please see our home page on http: //www.elsevier.nl/locate/hes

Language: English

Pages: 635

Format: Hardcover

Publisher: North-Holland

Release: April 01, 1988

ISBN: 0444867937

ISBN 13: 9780444867933

Handbook of International Economics: International Monetary Economics and Financevolume 2

3/5 ( ratings)

This Handbook adopts a traditional definition of the subject, and focuses primarily on the explanation of international transactions in goods, services, and assets, and on the main domestic effects of those transactions. The first volume deals with the real side of international economics. It is concerned with the explanation of trade and factor flows, with their main effects on goods and factor prices, on the allocation of resources and income distribution and on economic welfare, and also with the effects on national policies designed explicitly to influence trade and factor flows. In other words, it deals chiefly with microeconomic issues and methods. The second volume deals with the monetary side of the subject. It is concerned with the balance of payments adjustment process under fixed exchange rates, with exchange rate determination under flexible exchange rates, and with the domestic ramifications of these phenomena. Accordingly, it deals mainly with economic issues, although microeconomic methods are frequently utilized, especially in work on expectations, asset markets, and exchange rate behavior. For more information on the Handbooks in Economics series, please see our home page on http: //www.elsevier.nl/locate/hes

Language: English

Pages: 635

Format: Hardcover

Publisher: North-Holland

Release: April 01, 1988

ISBN: 0444867937

ISBN 13: 9780444867933

More books from Peter B. Kenen

Managing the World Economy: Fifty Years After Bretton Woods

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Reforming the International Monetary and Financial System

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International Trade and Finance: Frontiers for Research

Financing, Adjustment, and the International Monetary Fund (Studies in International Economics)

Reform of the International Monetary Fund (Council Special Report)

Economic and Monetary Union in Europe: Moving beyond Maastricht

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