1 Methodological Problems -- 1.1 Why “Small” Models -- 1.2 Why Continuous Models -- 1.3 Plan of the Book -- 2 The Model -- 2.1 An Overwiew -- 2.2 The Single Equations -- 2.3 Steady-state, Comparative Dynamics, Stability, and Sensitivity -- 3 Empirical Results -- 3.1 Parameter Estimates --...

This paper is a step in the direction of a larger research project aimed at determining the long run equilibrium value of the euro/dollar real exchange rate. Given this value, one could then give a precise meaning to the notion of undervaluation or overvaluation of the euro, and calculate its...

This book deals with the financial side of international economics and covers all aspects of international finance. There are many books and articles by exponents of alternative points of view. I know of no other book that provides the scope, balance, objectivity and rigor of this book. the late...