Domestic and Foreign Exchange
Author : Edward Lloyd Stewart Patterson
Publisher :
Page : 328 pages
File Size : 27,35 MB
Release : 1917
Category : Banks and banking
ISBN :
Author : Edward Lloyd Stewart Patterson
Publisher :
Page : 328 pages
File Size : 27,35 MB
Release : 1917
Category : Banks and banking
ISBN :
Author : Heinz Riehl
Publisher : McGraw Hill Professional
Page : 484 pages
File Size : 13,8 MB
Release : 1983
Category : Business & Economics
ISBN : 9780070526716
Provides an expanded treatment of exchange markets and introduces a broad treatment of money market.
Author : Ira Brown Cross
Publisher :
Page : 598 pages
File Size : 46,29 MB
Release : 1923
Category : Foreign exchange
ISBN :
Author : Peijie Wang
Publisher : Springer Science & Business Media
Page : 376 pages
File Size : 37,57 MB
Release : 2005
Category : Business & Economics
ISBN : 9783540212379
The book presents all major subjects in international monetary theory, foreign exchange markets, international financial management and investment analysis. The book is relevant to real world problems in the sense that it provides guidance on how to solve policy issues as well as practical management tasks. This in turn helps the reader to gain an understanding of the theory and refines the framework. Various topics are interlinked so the book adopts a systematic treatment of integrated materials relating different theories under various circumstances and combining theory with practice. The text examines issues in international monetary policy and financial management in a practical way, focusing on the identification of the factors and players in foreign exchange markets and the international finance arena. The book can be used in graduate and advanced undergraduate programmes in international or global finance, international monetary economics, and international financial management.
Author : Edward Lloyd Stewart Patterson
Publisher : Legare Street Press
Page : 0 pages
File Size : 36,48 MB
Release : 2023-07-18
Category :
ISBN : 9781020726712
This book provides a comprehensive guide to domestic and foreign exchange, covering topics such as how foreign exchange rates are determined, the risks associated with foreign exchange transactions, and the operation of the foreign exchange market. With clear explanations and practical examples, this book is an essential resource for anyone looking to gain a deeper understanding of the world of finance. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Author : E. L. Stewart Patterson
Publisher :
Page : 298 pages
File Size : 10,2 MB
Release : 1918
Category :
ISBN :
Author : Felix Hüfner
Publisher : Springer Science & Business Media
Page : 180 pages
File Size : 16,9 MB
Release : 2012-12-06
Category : Business & Economics
ISBN : 3790826723
Foreign exchange intervention is frequently being used by central banks in countries which have a floating exchange rate. Most theoretical monetary policy models, however, do not take this phenomenon into account. This book contributes to close this gap between theory and practice by interpreting foreign exchange intervention as an additional monetary policy instrument for inflation targeting central banks. In-depth empirical analyses of the foreign exchange operations and interest rate policy of five inflation targeting countries (Australia, Canada, New Zealand, Sweden and the United Kingdom) demonstrate how foreign exchange intervention is used in practice.
Author : Ronald I. McKinnon
Publisher : New York : Oxford University Press
Page : 307 pages
File Size : 33,3 MB
Release : 1979
Category : Foreign exchange
ISBN : 0195024095
How do nations trade when no purely international money exists? This book describes how the use of national currencies, only some of which have the important international property of being convertible, allows most of world trade to be effectively monetized rather than bartered. Professor McKinnon's analysis represents the first attempt to focus on the microeconomic and monetary aspects of international exchange, and addresses unresolved problems in securing mutual monetary adjustment among the world's great trading economies.
Author : E L Stewart (Edward Lloy Patterson
Publisher : Legare Street Press
Page : 338 pages
File Size : 41,12 MB
Release : 2021-09-10
Category :
ISBN : 9781015320826
This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Author : Camila Casas
Publisher : International Monetary Fund
Page : 62 pages
File Size : 21,42 MB
Release : 2017-11-22
Category : Business & Economics
ISBN : 1484330609
Most trade is invoiced in very few currencies. Despite this, the Mundell-Fleming benchmark and its variants focus on pricing in the producer’s currency or in local currency. We model instead a ‘dominant currency paradigm’ for small open economies characterized by three features: pricing in a dominant currency; pricing complementarities, and imported input use in production. Under this paradigm: (a) the terms-of-trade is stable; (b) dominant currency exchange rate pass-through into export and import prices is high regardless of destination or origin of goods; (c) exchange rate pass-through of non-dominant currencies is small; (d) expenditure switching occurs mostly via imports, driven by the dollar exchange rate while exports respond weakly, if at all; (e) strengthening of the dominant currency relative to non-dominant ones can negatively impact global trade; (f) optimal monetary policy targets deviations from the law of one price arising from dominant currency fluctuations, in addition to the inflation and output gap. Using data from Colombia we document strong support for the dominant currency paradigm.