An Introduction to International Money and Foreign Exchange Markets
This five-chapter introduction into international money and foreign exchange markets covers all the basics, theoretical, institutional, as well as empirical. After a brief review of the money market, we discuss the size and structure of the foreign exchange markets. This information is then used in discussing purchasing power parity and interest rate parity. We conclude with an overview of the main international money organizations and the institutional framework of the past 150 years.
|Date of creation:||2004|
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Web page: http://www.economics.adelaide.edu.au/
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- Glen, Jack D., 1992. "Real exchange rates in the short, medium, and long run," Journal of International Economics, Elsevier, vol. 33(1-2), pages 147-166, August.
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- James Tobin, 1956. "Liquidity Preference as Behavior Towards Risk," Cowles Foundation Discussion Papers 14, Cowles Foundation for Research in Economics, Yale University.
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