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OverviewWith the integration of Europe, there are free movements in goods, services, short and long term capital, and direct investment. The German mark is the key currency in Europe and its value will affect the equilibrium bilateral exchange rates of the other currencies in the EU. It is important to examine the following issues. What determined the trends in the value of the mark? How do we evaluate whether exchange rates are misaligned? Should term capital flows be taxed? What are the effects of regional trading blocs upon trade liberalization? What are the causes of direct foreign investment by multinationals? There is a unity to this book. The authors are senior scholars who approach the subject from the theoretical, policy oriented and econometric points of view. Full Product DetailsAuthor: Jerome L. SteinPublisher: Physica-Verlag GmbH & Co Imprint: Physica-Verlag GmbH & Co ISBN: 9783790809657ISBN 10: 3790809659 Pages: 130 Publication Date: November 1996 Audience: College/higher education , Professional and scholarly , Postgraduate, Research & Scholarly , Professional & Vocational Format: Hardback Publisher's Status: Active Availability: Out of stock The supplier is temporarily out of stock of this item. It will be ordered for you on backorder and shipped when it becomes available. Table of ContentsContents: J. Tobin: A Currency Transactions Tax. Why and How * C.A. Goodhart: Discussant to Professor J. Tobin * J.L. Stein/K. Sauernheimer: The Equilibrium Real Exchange Rate of Germany * P.B. Clark: Concepts of Equilibrium Exchange Rates * G.C. Lim: A Note on Estimating Dynamic Economic Models of the Real Exchange Rate * G. Chichilnisky: Trade Regimes and Gatt: Resource Intensive vs. Knowledge Intensive Growth * E.M. Graham: The (Not Wholly Satisfactory) State of the Theory of Foreign Direct Investment and the Multinational Enterprise.ReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |