Exchange Rates and International Finance - Addison-Wesley Publishing Company, 1989 - 370

This text aims to make more accessible the theories and models, causes and consequences of exchange rate fluctuations. Preface, Introduction, The International Setting, Prices in the Open Economy: Purchasing Power Clarity, The Financial Markets in the Open Economy, Open Economy Macroeconomics, Exchange Rate Determination, Flexible Prices: The Monetary Model, Fixed Prices: The Mundell-Fleming Model, Sticky Prices: The Dornbusch Model, Portfolio Balance and the Current Account, Currency Substitution, A World of Uncertainty, Market Efficiency and Rational Expectations, The ''News'' Model and Exchange Rate Volatility, The Risk Premium, Conclusions, Bibliography, Index.

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