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Rational Speculative Bubbles in an Exchange Rate Target Zone
Language: en
Pages: 60
Authors: Willem H. Buiter
Categories: Commerce
Type: BOOK - Published: 1990 - Publisher:

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The recent theory of exchange rate dynamics within a target zone holds that exchange rates under a currency bard are less responsive to fundamental shocks than
Speculative Bubbles, Speculative Attacks, and Policy Switching
Language: en
Pages: 528
Authors: Robert P. Flood
Categories: Business & Economics
Type: BOOK - Published: 1994 - Publisher: MIT Press

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The papers in this book are grouped into three sections: the first on price bubbles is primarily financial; the second on speculative attacks (on exchange rate
Fiscal Federalism in Theory and Practice
Language: en
Pages: 1146
Authors: Mrs.Teresa Ter-Minassian
Categories: Business & Economics
Type: BOOK - Published: 1997-09-10 - Publisher: International Monetary Fund

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Over the past few decades, a clear trend has emerged worldwide toward the devolution of spending and, to a lesser extent, revenue-raising responsibilities to st
Rational Bubbles
Language: en
Pages: 270
Authors: Matthias Salge
Categories: Business & Economics
Type: BOOK - Published: 2012-12-06 - Publisher: Springer Science & Business Media

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3 On the Economic Relevance of Rational Bubbles 79 3. 1 Capital markets . . . . . . . . . 80 3. 1. 1 Efficient capital markets 86 3. 1. 2 Rational bubbles on ca
Exchange Rate Economics
Language: en
Pages: 334
Authors: Ronald MacDonald
Categories: Foreign exchange
Type: BOOK - Published: 2005 - Publisher: Routledge

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''In summary, the book is valuable as a textbook both at the advanced undergraduate level and at the graduate level. It is also very useful for the economist wh