The foreign currency denomination of contracts in international transactions can lead to international currency exposure at the country level with important economic and policy implications. When debts are denominated in foreign currency and revenues in domestic currency, exchan…
The foreign currency denomination of contracts in international transactions can lead to international currency exposure at the country level with important economic and policy implications. When debts are denominated in foreign currency and revenues in domestic currency, exchan…
Issues in debates about foreign currency exposure -- the denomination of liabilities or assets in foreign currency.
"The foreign exchange market is the largest, fastest-growing financial market in the world, featuring approximately $1.3 trillion worth of transactions everyday. Yet conventional macroeconomic approaches do not even attempt to explain why people trade foreign exchange. At the sa…
Througout his life Hayek had a profound interest in money and its role within the economy. This volume, together with Volume Six, Good Money, Part Two, collect all of Hayek's significant writings on money. Together they amply demonstrate both the significance of 'sound money' in…
Througout his life Hayek had a profound interest in money and its role within the economy. This volume, together with Volume Six, Good Money, Part Two, collect all of Hayek's significant writings on money. Together they amply demonstrate both the significance of 'sound money' in…
This book is an outcome of the conference on the linkages between macroeconomics and agricultural trade in 1986. It establishes some of the fundamental influences on the exchange rate. The book develops linkages between the macroeconomy and agriculture using traditional models.
