Alexander Groß

The Role of the Current Account in Asset Market Models of Exchange Rate Determination

• Gebundenes Buch

Produktbeschreibung

No detailed description available for "The Role of the Current Account in Asset Market Models of Exchange Rate Determination".

Produktdetails

• European University Institute - Series D
• Verlag: De Gruyter
• 1987.
• Seitenzahl: 408
• Erscheinungstermin: 1. April 1987
• Englisch
• Abmessung: 236mm x 160mm x 28mm
• Gewicht: 754g
• ISBN-13: 9783110113464
• ISBN-10: 3110113465
• Artikelnr.: 27464932

Inhaltsangabe

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