William C. Gruben / David M. Gould / Carlos E. Zarazaga (Hgg.)

Exchange Rates, Capital Flows, and Monetary Policy in a Changing World Economy

Proceedings of a Conference Federal Reserve Bank of Dallas Dallas, Texas September 14¿15, 1995
Herausgegeben:Gruben, William C.; Gould, David M.; Zarazaga, Carlos E.

• Gebundenes Buch

Produktbeschreibung

The dramatic growth of international capital flow has provided unprecedented opportunities and risks in emerging markets. This book is the result of a conference exploring this phenomenon, sponsored by the Federal Reserve Bank of Dallas. The issues explored include direct versus portfolio investment; exchange rates and economic growth; and optimal exchange rate policy for stabilizing inflation in developing countries. It concludes with a panel discussion on central bank coordination in the midst of exchange rate instability.

Produktdetails

• Verlag: Springer / Springer US / Springer, Berlin
• Artikelnr. des Verlages: 978-0-7923-9908-7
• 1997.
• Seitenzahl: 256
• Erscheinungstermin: 31. August 1997
• Englisch
• Abmessung: 241mm x 160mm x 19mm
• Gewicht: 538g
• ISBN-13: 9780792399087
• ISBN-10: 0792399080
• Artikelnr.: 21131499

Inhaltsangabe

Preface. I. Exchange Rates and Monetary Policy. II. Optimal Exchange Rate Policy for Stabilizing Inflation in Developing Countries. Appendix: Exchange Rate Policy and Macroeconomic Stability. III. Exchange Rates and Economic Growth. Appendix: Description of the Data. IV. Speculative Attacks. Appendix: Foreign Exchange Hedging with Synthetic Options and the Interest Rate Defense of a Fixed-Exchange-Rate Regime; Peter M. Garber, Michael G. Spencer. V. Exchange Rates, Capital Flows, Monetary Policy and a Changing World Economy. VI. International Capital Flows: Direct vs. Portfolio Investment. Appendix A: A Survey of Academic Literature on Controls over International Capital Transactions; Michael P. Dooley. Appendix B: Are Recent Capital Inflows to Developing Countries a Vote For or Against Economic Policy Reforms? Michael P. Dooley. VII. Panel Discussion: Central Bank Coordination in the Midst of Exchange Rate Instability.