The Role of the Current Account in Asset Market Models of Exchange Rate Determination / Alexander Groß.

Format:

Book

Author/Creator:

Groß, Alexander, author.

Series:

Series D--Economics ; 2.

European University Institute - Series D ; 2

Language:

English

Subjects (All):

Balance of payments--Econometric models.

Balance of payments.

Foreign exchange--Econometric models.

Foreign exchange.

Physical Description:

1 online resource (xiii, 391 pages) : illustrations.

Edition:

Reprint 2019

Place of Publication:

Berlin ; Boston : De Gruyter, [2019]

Language Note:

In English.

Contents:

Frontmatter

Acknowledgements

CONTENTS

ABBREVIATIONS

Outline

PART I: THEORETICAL FOUNDATIONS

1. Introduction: Exchange Rate Theories and the Current Account

2. The Monetary Approach

3. Portfolio Balance and Wealth Redistribution Effects of the Current Account

4. Exchange Rate Expectations and the Current Account

5. Diversified Current Account Financing in Portfolio Balance Models

APPENDICES

PART I I : EMPIRICAL EVIDENCE

6. Introduction and Outline

7. Testing the Basic Model: The Approach of Branson, Halttunen and Hasson

8. Testing a Multi-Country Model: The Approach of Martin and Masson

9. The Standard Portfolio Model: further Empirical Evidence

10. Diversified Current-Account Financing: Some Empirical Signs of Its Significance in the Deutsche Mark/US Dollar Case

11. Negative Net Foreign Asset Positions: Exchange Rate Stability in Portfolio Balance Models

Appendices

REFERENCES

Notes:

Based on the author's thesis (doctoral)--European University Institute, Florence, Italy.

Includes bibliographical references (pages [373]-391).

Description based on online resource; title from PDF title page (publisher's Web site, viewed 06. Sep 2019)

ISBN:

9783110902105

3110902109

OCLC:

1110713845