International Money and Finance, Ninth Edition presents an institutional and historical overview of international finance and international money, illustrating how key economic concepts can illuminate real world problems.
With three substantially revised chapters, and all chapters updated, it functions as a finance book that includes an international macroeconomics perspective in its final section. It emphasizes the newest trends in research, neatly defining the intersection of macro and finance.
Successfully used worldwide in both finance and economics departments at both undergraduate and graduate levels, the book features current data, revised test banks, and sharp insights about the practical implications of decision-making.
1. Cover image - p. Cover 2. Title page - p. iii 3. Table of Contents - p. iii 4. Copyright - p. iv 5. Preface - p. xi 6. Acknowledgments - p. xiii 7. To the Student - p. xv 8. Part I: The International Monetary Environment - p. xviii 9. Chapter 1. The Foreign Exchange Market - p. 3 10. Chapter 2. International Monetary Arrangements - p. 25 11. Chapter 3. The Balance of Payments - p. 59 12. Part II: International Parity Conditions - p. 83 13. Chapter 4. Forward-Looking Market Instruments - p. 87 14. Chapter 5. Eurocurrency Markets and the LIBOR - p. 105 15. Chapter 6. Exchange Rates, Interest Rates, and Interest Parity - p. 121 16. Chapter 7. Prices, Exchange Rates, and Purchasing Power Parity - p. 135 17. Part III: Risk and International Capital Flows - p. 154 18. Chapter 8. Foreign Exchange Risk and Forecasting - p. 157 19. Chapter 9. Financial Management of the Multinational Firm - p. 173 20. Chapter 10. International Investment - p. 191 21. Chapter 11. International Lending and Crises - p. 211 22. Part IV: Modeling the Exchange Rate and Balance of Payments - p. 230 23. Chapter 12. Determinants of the Balance of Trade - p. 233 24. Chapter 13. The IS-LM-BP Approach - p. 251 25. Chapter 14. The Monetary Approach - p. 277 26. Chapter 15. Extensions and Challenges to the Monetary Approach - p. 291 27. Glossary - p. 307 28. Index - p. 315
International Money and Finance, Ninth Edition presents an institutional and historical overview of international finance and international money, illustrating how key economic concepts can illuminate real world problems.
With three substantially revised chapters, and all chapters updated, it functions as a finance book that includes an international macroeconomics perspective in its final section. It emphasizes the newest trends in research, neatly defining the intersection of macro and finance.
Successfully used worldwide in both finance and economics departments at both undergraduate and graduate levels, the book features current data, revised test banks, and sharp insights about the practical implications of decision-making.
1. Cover image - p. Cover 2. Title page - p. iii 3. Table of Contents - p. iii 4. Copyright - p. iv 5. Preface - p. xi 6. Acknowledgments - p. xiii 7. To the Student - p. xv 8. Part I: The International Monetary Environment - p. xviii 9. Chapter 1. The Foreign Exchange Market - p. 3 10. Chapter 2. International Monetary Arrangements - p. 25 11. Chapter 3. The Balance of Payments - p. 59 12. Part II: International Parity Conditions - p. 83 13. Chapter 4. Forward-Looking Market Instruments - p. 87 14. Chapter 5. Eurocurrency Markets and the LIBOR - p. 105 15. Chapter 6. Exchange Rates, Interest Rates, and Interest Parity - p. 121 16. Chapter 7. Prices, Exchange Rates, and Purchasing Power Parity - p. 135 17. Part III: Risk and International Capital Flows - p. 154 18. Chapter 8. Foreign Exchange Risk and Forecasting - p. 157 19. Chapter 9. Financial Management of the Multinational Firm - p. 173 20. Chapter 10. International Investment - p. 191 21. Chapter 11. International Lending and Crises - p. 211 22. Part IV: Modeling the Exchange Rate and Balance of Payments - p. 230 23. Chapter 12. Determinants of the Balance of Trade - p. 233 24. Chapter 13. The IS-LM-BP Approach - p. 251 25. Chapter 14. The Monetary Approach - p. 277 26. Chapter 15. Extensions and Challenges to the Monetary Approach - p. 291 27. Glossary - p. 307 28. Index - p. 315
