Contents of Exchange Rates and International Finance, 4th Edition
1. Introduction
PART I. The International Setting
2. Prices in the open economy: purchasing power parity
3. The financial markets in the open economy
4. Open economy macroeconomics
PART II. Exchange rates determination
5. Flexible prices: the monetary model
6. Fixed prices: the Mundell-Fleming model
7. Sticky prices: the Dornbush model
8. Portfolio balance and the current account
9. Currency substitution
10. Optimum currency areas and monetary union
PART III. A world of uncertainty
11. Market efficiency and rational expectations
12. The 'news' model and exchange rate volatility
13. The risk premium
14. A certain uncertainty: non-linearity, cycles and chaos
15. Target zones
16. Crises and credibility