(Download free ebook) Currencies, Capital Flows and Crises: A Post Keynesian Analysis of Exchange Rate Determination (Routledge Advances in Heterodox Economics)
||2 of 2 people found the following review helpful.| An extraordinarily good comparison on the core neoclassical models of exchange rate ...|By Steven Hail|An extraordinarily good comparison on the core neoclassical models of exchange rate determination, with a far more useful and realistic Post-Keynesian model, incorporating uncertainty, investor psychology, Minskian financial fragility, and the recurrence of endogenously gener|About the Author|John T. Harvey is Professor of Economics at Texas Christian University, USA.
Breaking from conventional wisdom, this book provides an explanation of exchange rates based on the premise that it is financial capital flows and not international trade that represents the driving force behind currency movements. John T. Harvey combines analyses rooted in the scholarly traditions of John Maynard Keynes and Thorstein Veblen with that of modern psychology to produce a set of new theories to explain international monetary economics, including not only...
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