TY - BOOK AU - Copeland,Laurence S. TI - Exchange rates and international finance SN - 0273786040 AV - HG3821 .C78 2014 U1 - 332.456 23 PY - 2014///] CY - Harlow, England PB - Pearson Education Limited KW - Foreign exchange rates N1 - Includes bibliographical references and index; List of exhibits -- Preface and acknowledgements -- Introduction -- The international setting -- Prices in the open economy : purchasing power parity -- Financial markets in the open economy -- Open economy macroeconomics -- Exchange rate determination -- Flexible prices : the monetary model -- Fixed prices : the mundell/fleming model -- Sticky prices : the dornbusch model -- Portfolio balance and the current account -- Currency substitution -- General equilibrium models -- A world of uncertainty -- Market efficiency and rational expectations -- The "news" model, exchange rate volatility and forecasting -- The risk premium -- Fixed exchange rates -- Target zones -- Crises and credibility -- Crises and credibility -- Optimun currency areas, monetary union and eurozone -- Alternative parapigms -- Heterogeneous expectations and scapegoat models -- Order flow analysis -- A certain uncertainty: nonlinearity, cycles and chaos -- Conclusions -- Bibliography -- Index ER -