Augustine C. Arize, Theologos H. Bonitsis, Ioannis Kallianiotis, Krishna Kasibhatla, John Malindretos

Balance of Payments Adjustment (eBook, PDF)

Macro Facets of International Finance Revisited

• Format: PDF

Produktbeschreibung

The five parts of this collection of essays systematically and thoroughly examine the two competing theories of balance of payments and adjustment, namely the Keynesian and the Monetary approaches. Each part deals with specific aspects of the two approaches. Part I surveys the theories behind these two approaches, looking at the presuppositions, main theory, and policy recommendations which they include. Part II examines the empirical literature and describes the numerous models which have been proposed. Part III critiques the two theories on their assumptions, policy advice and empirical modeling. Part IV compares and contrasts the two views, both theoretically and empirically. Empirical studies on different countries are performed to emphasize the differing set of accounts and variables of the two approaches. Part V considers the approaches in a regime of flexible exchange rates. Scholars, students and researchers will find this collection of great help in understanding the two approaches to balance of payments and adjustment.

Produktdetails

• Verlag: Bloomsbury Publishing Inc
• Seitenzahl: 280
• Altersempfehlung: ab 7 Jahre
• Erscheinungstermin: 30. Januar 2000
• Englisch
• ISBN-13: 9781567507010
• Artikelnr.: 68529199

Autorenporträt

AUGUSTINE C. ARIZE is Professor of General Business and Systems Management at East Texas State University.

THEOLOGOS HOMER BONITSIS is Associate Professor of Finance at the New Jersey Institute of Technology.

IOANNIS N. KALLIANIOTIS is Associate Professor of Finance in the School of Management at the University of Scranton.

KRISHNA M. KASIBHATLA is Associate Professor of Business and Economics at Bennett College.

JOHN MALINDRETOS is Assitant Professor of Finance at Yeshiva University.

Inhaltsangabe

Introduction Part I Full Employment, Balance of Payments and Adjustments in
Unified (Fixed) Exchange Rate Regimes by Dilip K. Ghosh and Gilles Duteil
The Empirical Evidence to the Traditional Approach to the Capital Account
by Valerie Englander, Melvin Johnson, and John Malindretos A Survey of the
Monetary Approach to International Finance by Krishna M. Kasibhatla, John
Malindretos, and Demetri Tsanacas Part II A Critique of the Traditional
Approach to International Finance by Theologos Homer Bonitsis and John
Malindretos The Monetary Theory of the Balance of Payments: A Retrospective
Analysis by H. Peter Gray Part III The Traditional Theory to the Current
Account: An Empirical Examination by Augustine C. Arize, et al. Empirical
Evidence of the Monetary Approach to Balance-of-Payments Adjustments by
Augustine C. Arize, et al. Part IV Keynesian and Monetary Approaches to the
Balance-of-Payments by Luis Eduardo Rivera-Solis, et al. International
Adjustment for Kenya: The Relevance of the Traditional and Monetary
Approaches by Luis Eduardo Rivera-Solis, Krishna M. Kasibhatla, and John
Malindretos A Comparison of the Monetary and the Traditional Approaches to
International Competitiveness by Krishna M. Kasibhatla, John Malindretos,
and Paul R. Kutasovic The Keynesian and Monetary Approaches to
International Accounts Adjustment: Some Heuristics for Germany by Theologos
Homer Bonitsis and John Malindretos Part V The Traditional Approach to
Balance of Payments Adjustment under Flexible Exchange Rates by Augustin C.
Arize, Elias Grivoyiannis, and Ioannis N. Kallianotis Doctrinal Views on
Exchange Rate Determination: An Eclectic Approach by Dilip K. Ghosh,
Abraham Mulugetta, and Asrat Tessema Recent Evidence on the Determinants of
Foreign Exchange Rates by Demetrios Giannaros The Monetary Approach to
Exchange Rates and the Canadian Dollar over the Long Run by Bill Francis,
Iftekhar Hasan, and James R. Lothian Conclusion Bibliography Index