Exchange Rates and International Finance Markets: An Asset-Theoretic Perspective with Schumpeterian Perspective
, by Streissler; Erich WNote: Supplemental materials are not guaranteed with Rental or Used book purchases.
- ISBN: 9780415277464 | 0415277469
- Cover: Hardcover
- Copyright: 5/3/2002
This book poses the important question of whether exchange rates are ultimately tied down by economic fundamentals. In a unique approach the subject is analysed from an asset holder's perspective and Streissler takes the reader through an authoritative and wide-ranging study including: *Friedman's case for flexible exchange rates *interest parity and purchasing power parity *process analysis of temporal exchange rate equilibria *stabilization through bounded interest rates and exchange rate theory *the problem of the neutrality of money