International finance : a practical perspective /: a practical perspective. (2012)

• Record Type: Book
• Further Information: Note: Adrian Buckley.
• Other Names: Buckley, Adrian
• Contents: Cover -- International finance -- Brief contents -- Contents -- Guided tour -- Preface -- Acknowledgements -- Part A essential background -- Introduction -- What do bankers sell? -- Banks in general -- Commercial banks -- Investment banks -- Bank holding companies -- Glass-steagall act -- Central banks -- Asset-liability mismatch -- Offshore money a.k.a. eurodollars -- International monetary fund (imf) -- World bank -- Bank for international settlements -- World trade organization -- Facts about the foreign exchange markets -- Financial crisis 2007-8 -- Summary The international monetary system -- The gold standard -- The bretton woods system -- International reserves -- The role of gold up to 1 -- The second amendment -- Exchange rate arrangements -- The european single currency -- the euro -- Summary -- End of chapter questions -- Part B Foreign exchange -- Exchange rates: the basic equations -- Foreign exchange markets -- Some basic relationships -- Interest rates and exchange rates -- Exchange rates and inflation rates -- Interest rates and inflation rates -- Taylor rule -- Changes in the spot rate and the forward discount Interest rate differentials and changes in the spot exchange rate -- Purchasing power parity applied -- Big mac purchasing power parity -- Summary -- End of chapter questions -- Foreign exchange markets -- The players -- Methods of quotation -- Forward contracts and quotations -- Spot settlement -- Forward value dates -- Main purpose of the forward market -- Summary -- End of chapter questions -- The balance of payments -- The essence of international trade -- The balance of payments and foreign exchange rates -- Balance of payments accounting Forecasting exchange rates and the balance of payments -- Summary -- End of chapter questions -- Theories and empiricism on exchange rate movements -- Inflation and interest rate differentials -- The balance of payments approach -- The monetary approach -- Overshooting -- the dornbusch model -- The portfolio balance theory -- The role of news -- Chartism -- The efficient markets hypothesis -- Empiricism and purchasing power parity -- Empiricism and the fisher effect -- Empiricism and the international fisher effect -- Empiricism and interest rate parity -- Empiricism and expectations theory Empiricism and foreign exchange market efficiency -- The carry trade a.k.a. uncovered interest arbitrage -- Summary -- End of chapter questions -- Definitions of foreign exchange risk -- Transaction exposure -- Translation exposure -- Economic exposure -- Accounting for financial market derivatives -- Summary -- End of chapter questions -- Test bank 1 -- Exercises -- Multiple choice questions -- Part C Hedging -- Does foreign exchange exposure matter? -- Transaction exposure -- Economic exposure -- Translation exposure -- Forecasting exchange rates -- Summary -- End of chapter questions
• Publisher Details: Harlow, Essex New York : Pearson Education Limited
• Publication Date: 2012
• Extent: 1 online resource (xix, 652 pages), illustrations
• Subjects: 332/.042; International finance; International finance; Electronic books
• Languages: English
• ISBNs: 0273731866; 9780273731863; 9781280781254; 1280781254; 9780273732303; 0273732307
• Notes: Note: Includes bibliographical references and index.; Note: Print version record.
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.