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Understanding Interdependence:
The Macroeconomics of the Open Economy
Edited by Peter B. Kenen

Book Description

TABLE OF CONTENTS:

List of Figures
List of Tables
Introduction
1The Endogeneity of Exchange-Rate Regimes3
2Exchange-Rate Behavior under Alternative Exchange-Rate Arrangements34
3Panel: One Money for How Many?84
4Exchange Rates, Prices, and External Adjustment in the United States and Japan107
5The Dynamic-Optimizing Approach to the Current Account: Theory and Evidence169
6International Capital Mobility in the 1990s201
7A Retrospective on the Debt Crisis262
8Trade Liberalization in Disinflation291
9Inflation and Growth in an Integrated Approach313
10Panel: The Outlook for Stabilization and Reform in Central and Eastern Europe368
11International Cooperation in the Making of National Macroeconomic Policies: Where Do We Stand?391
12The Political Economy of Monetary Union448
13What Do We Need to Know about the International Monetary System?509
Conference Participants531
Author Index535
Subject Index543

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File created: 10/23/2013

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