Financial Liberalization and Macroeconomic Stability Torben M. Andersen, Karl-Ove Moene.
Series: Financial Liberalization and Macroeconomic StabilityScandinavian journal of economics: Publisher: [S.l.] : Wiley-Blackwell, 1997Edition: 1st edDescription: 153p. ; 23 cmISBN: 0631203494 (paperback); 9780631203490 (paperback)DDC classification: 332.094231 FIN 1996 LOC classification: 332.094231 FIN 1996Online resources: Amazon.com Summary: This volume examines the causes of the very volatile financial markets and exchange rate crises recently experienced, particularly in a number of European countries, and considers the implications for business cycle fluctuations and economic policy. It will attempt to clarify whether these developments can be attributed to further capital market liberalization, financial innovations, etc., or whether they are the product of business cycle changes in combination with shifts in the focus of economic policy towards less activism and low inflation. Issues related to the functioning of financial and exchange rate markets, the possibility of controlling these markets, the gains from liberalization and the implications for economic policy will also be covered.| Item type | Current location | Home library | Call number | Status | Date due | Barcode | Item holds |
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Central Library (CL) | Central Library (CL) | 332.094231 AND (Browse shelf) | Available | NBS1517 |
This volume examines the causes of the very volatile financial markets and exchange rate crises recently experienced, particularly in a number of European countries, and considers the implications for business cycle fluctuations and economic policy. It will attempt to clarify whether these developments can be attributed to further capital market liberalization, financial innovations, etc., or whether they are the product of business cycle changes in combination with shifts in the focus of economic policy towards less activism and low inflation. Issues related to the functioning of financial and exchange rate markets, the possibility of controlling these markets, the gains from liberalization and the implications for economic policy will also be covered.
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