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Money in International exchange : The convertible currency system [Material Impreso] / Ronald I. McKinnon

Por: McKinnon, Ronald IDatos de publicación: New York: Oxford University, c1979Descripción: xii, 294 p. tbls., grafs. 23 x 15 cm. IMPRESOISBN: 0-19-502409-5Tema(s): ECONOMIA INTERNACIONAL | SISTEMA MONETARIO INTERNACIONAL | MERCADO MONETARIO | UNION MONETARIA | CONVERTIBILIDADResumen: Contiene: 1. In search of international money: the convertible currency system.- 2. Intervention by central banks in a world of N currencies.- 3. Currency inconvertibility and the foreign trade of centrally planned economies.- 4. Hedging by exporters and importers.- 5. Forward covering and interest arbitrage in imperfect capital markets.- 6. Purchasing power parity.- 7. Speculation.- 8. Fluctuating exchange rates, 1973-1978: qualified monetary interpretation.- 9. The eurocurrency market.- 10. Monetary unions and fixed exchange rates.- 11. America´s role in stabilizing the world´s monetary system.- Appendix. Proposals for international monetary reform.
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Contiene: 1. In search of international money: the convertible currency system.- 2. Intervention by central banks in a world of N currencies.- 3. Currency inconvertibility and the foreign trade of centrally planned economies.- 4. Hedging by exporters and importers.- 5. Forward covering and interest arbitrage in imperfect capital markets.- 6. Purchasing power parity.- 7. Speculation.- 8. Fluctuating exchange rates, 1973-1978: qualified monetary interpretation.- 9. The eurocurrency market.- 10. Monetary unions and fixed exchange rates.- 11. America´s role in stabilizing the world´s monetary system.- Appendix. Proposals for international monetary reform.

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