Overview
In this account of exchange rates in the international monetary system, W. Max Corden considers the essential issues in international macroeconomics. Using theoretical models of international economics he explains the effects of domestic economic policies, the transmission of monetary and fiscal disturbances, the role of international capital mobility, and contrasts the ERM with the US-centred managed-floating rates system.
- | Author: W. Max Corden
- | Publisher: OUP Oxford
- | Publication Date: Sep 22, 1994
- | Number of Pages: 340 pages
- | Binding: Paperback or Softback
- | ISBN-10: 0198774095
- | ISBN-13: 9780198774099
