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Currency Competition and Foreign Exchange Markets

副标题: The Dollar, the Yen and the Euro

ISBN: 9780521632737

出版社: Cambridge University Press

出版年: 1999-01-28

页数: 212

定价: USD 70.00

装帧: Hardcover

内容简介


Currency Competition and Foreign Exchange Markets is a major new theoretical and empirical study of international currencies that focuses on the role the Euro (the future European currency) will play in the international monetary and financial system, along with the US dollar and the Japanese yen. In contrast to much of the existing literature that approaches the subject from a macroeconomic perspective, Philipp Hartmann develops a theoretical model that uses game theory, time series and panel econometrics, and links financial markets analysis with transaction cost economics. The results are presented with reference to political, historical and institutional considerations, and provide accessible answers to policy makers, business people and scholars world wide.