03527cam a2200385 i 4500999001500000003000400015005001700019008004100036010001700077020001800094020001500112040003100127042000800158050002400166082001600190100002100206245010300227264004800330300004600378336002100424337002500445338002300470490008100493504005100574505065900625505062201284505055001906520042302456650002802879650002702907650003302934906004502967942001403012952011503026  c5009d5009OSt20210922151747.0130927s2014    njua     b    001 0 eng    a  2013038608  a9789814513180  a9814513180  acuckbengccuckerdadcuck  apcc00aHG3851b.G6926 201400a332.4/52231 aGrauwe, Paul de.10aExchange Rates and Global Financial Policies /cby Paul De Grauwe, London School of Economics, UK. 1aHackensack, NJ :bWorld Scientific,c[2014]  axxi, 562 pages :billustrations ;c24 cm.  atext2rdacontent  aunmediated2rdamedia  avolume2rdacarrier0 aWorld Scientific studies in international economics,x1793-3641 ;vvolume 31  aIncludes bibliographical references and index.00aPart I. Exchange rate economics -- Chaos in the Dornbusch model of the exchange rate / Paul De Grauwe and Hans Dewachter -- Heterogeneity of agents, transactions costs and the exchange rate / Paul De Grauwe and Marianna Grimaldi -- Exchange rate puzzles: A tale of switching attractors / Paul De Grauwe and Marianna Grimaldi --  Exchange rates in search of fundamentals: The case of the euro-dollar rate / Paul De Grauwe -- Exchange rates and fundamentals: A non-linear relationship? / Paul De Grauwe and Isabel Vansteenkiste -- The impact of FX central bank intervention in a noise trading framework / Michel Beine, Paul De Grauwe and Marianna Grimaldi.00aPart II. Monetary integration -- Conditions for monetary integration: A geometric interpretation / Paul De Grauwe -- Is Europe an optimum currency area? Evidence from regional data / Paul De Grauwe and Wim Vanhaverbeke -- Setting conversion rates for the third stage of EMU / Paul De Grauwe and Luigi Spaventa -- The euro and financial crises / Paul De Grauwe -- What have we learnt about monetary integration since the Maastricht treaty? / Paul De Grauwe -- The governance of a fragile eurozone / Paul De Grauwe -- Do asymmetries matter for European monetary policy? / Yunus Aksoy, Paul De Grauwe and Hans Dewachter.00aPart III. Macroeconomics and monetary policy -- Is inflation always and everywhere a monetary phenomenon? / Paul De Grauwe and Magdalena Polan -- Monetary policy and the real economy / Paul De Grauwe and Claudia Costa Storti -- Lessons from the banking crisis: A return to narrow banking / Paul De Grauwe -- The scientific foundation of dynamic stochastic general equilibrium (DSGE) models / Paul De Grauwe -- Animal spirits and monetary policy / Paul De Grauwe -- Booms and busts in economic activity: A behavioral explanation / Paul De Grauwe.  aThe book covers problems relating to international macroeconomics and international finance. The first part develops new approaches to exchange rate modeling. The second part is a collection of papers on the theory and empirical analysis of monetary unions. The third part contains criticism of the mainstream macroeconomic models and proposes alternative modeling approaches --cSource other than Library of Congress. 0aForeign exchange rates. 0aMonetary policy.91458 0aInternational finance.92066  a7bcbccorignewd1eecipf20gy-gencatlg  2lcccBOOK  00102lcc4070a001b001d2015-10-01l0oHG3851 .G6926 2014p017961r2015-10-01 00:00:00t1w2015-10-01ySHTL