Exchange Rates and International Finance - Couverture souple

Copeland, L.

Couverture souple

ISBN 10 : 020162429X ISBN 13 : 9780201624298

Editeur : Pearson Education Limited, 1994

Synopsis

Written in a clear and concise style, this text will enable readers to grasp the essentials of exchange rate theory.

A propos du livre

Quatrième de couverture

The international landscape of the world economy changes with each edition of Exchange Rates and International Finance. None more so, however, than with publication of the fifth edition at a time when the world is moving away from dollar and Euro domination and newly- important currencies begin to emerge in new markets.

Acclaimed for its clarity, Exchange Rates and International Finance 5th edition, provides an approachable guide to the causes and consequences of exchange rate fluctuations, enabling you to grasp the essentials of the theory and its relevance to these major events in currency markets.

The orientation of the book remains towards exchange rate determination, with particular emphasis given to the contributions of modern finance theory. Both fixed and floating exchange rate models and empirical results are explored and discussed.

Retaining classic features built up over the years such as a clear, non-technical explanation of the issues and a focus on intuitive understanding and interpretation of economic arguments rather than mathematical rigour, the fifth edition has been thoroughly updated to reflect recent events on the monetary/financial scene including:   

KEY FEATURES OF THE FIFTH EDITION

• Coverage of leading edge material with a new chapter 14 on microstructure models.
• New developments in market efficiency and rational expectations explored in chapter 12.  
• A balanced summary of the most recent research including explanations of the problems faced by researchers in this field, and an indication of what questions remain open.
• Provides a sound overview of empirical evidence, without going into intricate detail, enabling the reader to understand the economic argument in the published literature, even if the technicalities remain out of reach.

Suitable for those following a course on international finance, international macroeconomics, or international money as a part of an economics or business programme at advanced undergraduate, MBA or specialist Masters levels.

Laurence Copeland is Professor of Finance and Director of the Investment Management Research Unit at Cardiff University, UK.

Quatrième de couverture

Exchange rates and exchange rate fluctuation continue to play an increasingly important role in all our lives. Exchange Rates and International Finance fourth edition provides a clear and concise guide to the causes and consequences of exchange rate fluctuations, enabling you to grasp the essentials of the theory and its relevance to major events in currency markets.

The orientation of the book is towards exchange rate determination with particular emphasis given to the contributions of modern finance theory. Both fixed and floating exchange rate models and empirical results are explored and discussed.

KEY FEATURES

• A clear, non-technical explanation of the issues, emphasising intuitive understanding and interpretation of economic arguments rather than mathematical proofs.
• A balanced summary of the state of our knowledge in this area, including explanations of the problems faced by researchers in this field, and an indication of what questions remain open.
• Provides a sound overview of empirical evidence, without going into intricate detail: a springboard for those wishing to delve deeper into the published literature.
• Early chapters explain the basics of demand and supply, and basic macroeconomics, so those without prior study in economics will find the subject accessible.
• Covers leading edge material including the latest general equilibrium approaches.

NEW TO THIS EDITION

• Thoroughly updated to reflect recent events on the world monetary/financial scene.
• More included on recent empirical results.
• New chapter on general equilibrium models to cover the latest thinking on more advanced techniques.
• Expanded and up-to-date coverage of the Euro.
• Extended coverage of recent innovations on the Law of One Price and Purchasing Power Parity.
• New section on the relationship between PPP, UIRP and the Fisher equation.

Suitable for those following a course on international macroeconomics, international finance, or international money as a part of an economics or business programme at undergraduate, MBA or specialist Masters levels.

Laurence Copeland is Professor of Finance at Cardiff University, UK.

Détails de l'édition

• Éditeur: Pearson Education Limited
• Date d'édition: 1994
• Langue: anglais
• ISBN 10: 020162429X
• ISBN 13: 9780201624298
• Reliure: Broché
• Numéro d'édition: 2
• Nombre de pages: 456
• Coordonnées du fabricant: non disponible
• Personne responsable: GS1 Slovakia; https://www.gs1sk.org; ; Nantersk� 23; Žilina; 010 08; Slovaquie