DEMANDING DEVALUATION -- Contents -- List of Figures -- List of Tables -- Acknowledgments -- List of Abbreviations -- Introduction -- 1. A Conditional Preference Theory of Undervalued Exchange Rates -- 2. Cross-Country Patterns in Exchange Rate Policy and Preferences -- 3. Why China Undervalues...

Cover -- ROUTLEDGE LIBRARY EDITIONS:EXCHANGE RATE ECONOMICS -- Half title -- Copyright1 -- Title -- Copyright2 -- Dedication -- Contents -- List of Tables -- List of Figures -- List of Abbreviations -- Exchange Rates and Prices -- CHAPTER I INTRODUCTION -- Neo-Classical Theory and the Price...

Cover -- Rouledge Library Editions: -- Half Title -- Copyright -- Title -- Copyright1 -- Thanks -- Table of Contents -- Acknowledgments -- List of Tables -- Chapter I Introduction -- Chapter II Foreign Exchange Market Efficiency -- Chapter III The Term Structure of the Forward Premium -- Chapter...

Cover -- Half Title -- Title -- Copyright -- Original Title -- Original Copyright -- Contents -- I. INTRODUCTION AND OVERVIEW -- 1.1 Introduction -- 1.2 International Transmission of Economic Disturbances -- 1.3 Real Exchange Rate Models -- 1.4 The Exchange Rate and the Terms of Trade -- 1.5...

Combining thorough scholarship with illuminating real-world examples, this edited collection provides insights on the causes and consequences of movements in both exchange rates and external assets and has a strong focus on the policy implications of operating in an open economy, particularly...

"Analyzes the feasibility of continued exchange rate pegging in East Asia and explores alternatives, including some form of regional monetary integration. Argues for coordinating the adjustment of Asian currencies against the dollar and sketches scenarios for the creation of an Asian central...

The imbalanced, yet mutually beneficial, trading relationship between the United States and Asia has long been one of international finance's most perplexing mysteries. Although the United States continues to post a substantial trade deficit-and China reaps the benefits of a surplus-the dollar...

This paper uses three methods to assess movements of real exchange rates in the ECCU over time. First, the purchasing power parity hypothesis is tested and then used to provide a benchmark for equilibrium real exchange rates in the region. Second, a fundamentals-based equilibrium real exchange...

Exchange rate analysis lies at the center of the IMF's surveillance mandate and policy advice, as well as in the design of IMF-supported programs, and IMF staff are called upon to analyze a wide variety of exchange rate issues in various member countries, both small and large, from the least...