Description
Frontmatter — Acknowledgements — CONTENTS — ABBREVIATIONS — Outline — PART I: THEORETICAL FOUNDATIONS — 1. Introduction: Exchange Rate Theories and the Current Account — 2. The Monetary Approach — 3. Portfolio Balance and Wealth Redistribution Effects of the Current Account — 4. Exchange Rate Expectations and the Current Account — 5. Diversified Current Account Financing in Portfolio Balance Models — APPENDICES — PART I I : EMPIRICAL EVIDENCE — 6. Introduction and Outline — 7. Testing the Basic Model: The Approach of Branson, Halttunen and Hasson — 8. Testing a Multi-Country Model: The Approach of Martin and Masson — 9. The Standard Portfolio Model: further Empirical Evidence — 10. Diversified Current-Account Financing: Some Empirical Signs of Its Significance in the Deutsche Mark/US Dollar Case — 11. Negative Net Foreign Asset Positions: Exchange Rate Stability in Portfolio Balance Models — Appendices — REFERENCES
