Flexible Exchange Rates for a Stable World Economy

by Joseph E. Gagnon

Book Overview

Volatile exchange rates and how to manage them are a contentious topic whenever economic policymakers gather in international meetings. This book examines the broad parameters of exchange rate policy in light of both high-powered theory and real-world experience. What are the costs and benefits of flexible versus fixed exchange rates? How much of a role should the exchange rate play in monetary policy? Why don't volatile exchange rates destabilize...

• Format: Paperback
• Language: English
• ISBN: 0340882875
• ISBN13: 9780881326277
• Release Date: September 2011
• Publisher: Peterson Institute for International Economic
• Length: 281 Pages
• Weight: 0.77 lbs.
• Dimensions: 0.6" x 6.0" x 8.9"
• Grade Range: Postsecondary and higher