Ebook Exchange Rate Regimes in the Modern Era (MIT Press)

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Book Details :
Published on: 2012-08-24
Released on: 2012-08-24
Original language:

The exchange rate is sometimes called the most important price in a highly globalized world. A country's choice of its exchange rate regime, between government-managed fixed rates and market-determined floating rates has significant implications for monetary policy, trade, and macroeconomic outcomes, and is the subject of both academic and policy debate. In this book, two leading economists examine the operation and consequences of exchange rate regimes in an era of increasing international interdependence.Michael Klein and Jay Shambaugh focus on the evolution of exchange rate regimes in the modern era, the period since 1973, which followed the Bretton Woods era of 1945--72 and the pre-World War I gold standard era. Klein and Shambaugh offer a comprehensive, integrated treatment of the characteristics of exchange rate regimes and their effects. The book draws on and synthesizes data from the recent wave of empirical research on this topic, and includes new findings that challenge preconceived notions. Foreign-exchange reserves - Wikipedia Foreign-exchange reserves (also called forex reserves or FX reserves) is money or other assets held by a central bank or other monetary authority so that it can pay ... Briefing Room The White House Briefing Room. The White House provides timely and accurate information about the President's latest events and public statements. Here you'll find photos video and ... Capitalism - Wikipedia Capitalism is an economic system based on private ownership of the means of production and their operation for profit. Characteristics central to capitalism include ... What is Transhumanism? What is Transhumanism? whatistranshumanism.org. Transhumanism is a way of thinking about the future that is based on the premise that the human species in its ... Insights KPMG GLOBAL Managing Brexit: risk and opportunity. Brexit is a global issue businesses far beyond Britains shores are about to enter a new era. KPMG is here to work with you. Benjamin Fulford Reports - AntiMatrix Bilderbergers announce New World Order of the Illiminati and Single World Empire William C. Van Duyns Opening Remarks Bilderberg Mtg. 2014. Bilderbergers announce ... Federal Reserve Bank of San Francisco Monetary Policy ... Recently there has been a great deal of commentary arguing that the Federal Reserve needs more oversight and greater transparency. This has culminated in a number of ... Enlightenment facts information pictures Encyclopedia ... This brings us in fact to an initial question about the place of the Enlightenment in the wider currents of European history. Its maturity as an intellectual movement ... Welcome to Bruno's Marketplace - the Gourmet Flavors of ... Bruno's Marketplace offers gourmet food products from Northern California including Bruno's Wax Peppers Sierra Nevada Chileno Peppers Waterloo BBQ Sauce Bruno's ... Wires - CNBC 4 Mins Ago. CBS which is home to popular shows such as "NCIS" and "The Big Bang Theory" has been facing a slowdown in its advertising revenue as advertisers shift ...
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