This book deals with a broad range of problems in international economics. The book analyses economic problems in stabilisation policy, exchange rate regimes and international trade policy and taxation. It contains a comprehensive analysis of important problems in international economics in the 1980s and 1990s. The first part of the book deals with anti-inflation policies in open economies, where exchange rate regimes play a crucial role. The monetary analysis is combined in the second part with a discussion on recent advances in real trade theory and its applications. The volume is a result...

International Finance and Financial Crises: Essays in Honor of Robert P. Flood, Jr. contains the proceedings of a conference held in honor of Robert P. Flood, Jr. Bob Flood has made important contributions to many areas of economic analysis, including regime switching, speculative attacks, bubbles, stock market volatility, macro models with nominal rigidities, dual exchange rates, target zones, and rules versus discretion in monetary policy. Contributors were invited to address any of the topics or others of their choosing. The results include five papers on topics in international...