Balance of Payments and Exchange Rate Theories / (Record no. 38348)

MARC details
000 -LEADER
fixed length control field 01639 a2200193 4500
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
ISBN 9781840649543
041 ## - LANGUAGE CODE
Language code of text/sound track or separate title eng.
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 332.15201
Item number MIL-B
100 ## - MAIN ENTRY--AUTHOR NAME
Personal name Miller, Norman C.
Relator term author.
245 ## - TITLE STATEMENT
Title Balance of Payments and Exchange Rate Theories /
Statement of responsibility, etc Norman C. Miller.
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication UK :
Name of publisher Edward Elgar Publishing,
Year of publication 2002.
300 ## - PHYSICAL DESCRIPTION
Number of Pages xiii, 204p.
504 ## - BIBLIOGRAPHY, ETC. NOTE
Bibliography, etc Includes bibliographical references and index.
520 ## - SUMMARY, ETC.
Summary, etc Norman Miller provides a fresh perspective on balance of payments and exchange rate theories, including intertemporal open economy models that focus on the optimum current account. To this end, he proves that any non-zero balance of payments must always be associated with a disequilibrium in either a commodity or an asset market. In this rigorous yet readable book, important welfare and policy implications are carefully examined. Norman Miller develops a new theory of the balance of payments associated with commodity market disequilibrium, a loanable funds theory of exchange rate and a modern foreign exchange market theory of the exchange rate that incorporates capital flows.<br/><br/>The book also details 15 puzzling facts associated with open economies and the FX market. After reviewing existing explanations to these puzzles, the author shows how each of the above new theories provides new, often unified solutions to them.<br/><br/>International finance practitioners, students and scholars of economics and finance, and MBA students will all find this book fresh and enlightening.
546 ## - LANGUAGE NOTE
Language note English.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Term Balance of payments.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Term Foreign exchange rates.
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Dewey Decimal Classification
Koha item type Books
Holdings
Withdrawn status Lost status Damaged status Not for loan Home library Current library Date acquired Source of acquisition Cost, normal purchase price Total Checkouts Full call number Accession Number Date last seen Cost, replacement price Price effective from Koha item type
        NASSDOC Library NASSDOC Library 16/03/2023 Overseas 0.00   332.15201 MIL-B 52654 12/05/2023 0.00 12/05/2023 Books