Research Catalog

Title

Japan, Europe, and international financial markets : analytical and empirical perspectives / edited by Ryuzo Sato, Richard M. Levich, Rama V. Ramachandran.

Publication

Cambridge [England] ; New York : Cambridge University Press, [1993], ©1993.

Items in the Library & Off-site

Holdings

Details

Additional Authors

• Satō, Ryūzō, 1931-
• Levich, Richard M.
• Ramachandran, Rama V.

Description

x, 272 pages : illustrations; 23 cm

Summary

The contributions to this collection, drawn from a series of conferences on international financial markets, examine trends that have evolved from the deregulation of key national financial markets in the 1980s. Twenty-one scholars, economists, and officials from monetary and financial institutions provide a framework in which to understand the changing role of Japan, Europe, and other markets in the world economy.

Subject

• International finance
• Japan > Foreign economic relations
• Japan > Foreign economic relations > Europe
• Europe > Foreign economic relations > Japan

Note

• Includes index.

Contents

• Foreword / Kenji Kawakatsu -- Editor's Preface / Ryuzo Sato, Richard M. Levich and Rama Ramachandran -- Introduction and Overview / Richard M. Levich -- 1. Policies and Exchange Rates: A Simple Analytical Framework / James Tobin -- 2. An Overview of (Older) Exchange Rate Theory / Richard Cooper -- 3. Second Thoughts on EMU / Paul Krugman -- 4. Investment Flows and Performance: Evidence from Mutual Funds, Cross-Border Investments, and New Issues / Jayendu Patel, Richard J. Zeckhauser and Daryll Hendricks -- 5. Accumulation of Net External Assets in Japan / Masahiro Kawai -- 6. Relative Traded-Goods Prices and Imperfect Competition in United States Manufacturing Industries / Robert E. Cumby and John Huizinga -- 7. Synthetic Eurocurrency Interest Rate Futures Contracts: Theory and Evidence / Annie Koh and Richard M. Levich -- 8. The Volatility of the Japanese Stock Indices: Evidence from the Cash and Futures Markets / Menachem Brenner, Marti Subrahmanyam and Jun Uno.
• 9. Capital Markets and the Banking Sector: Efficiency of Japanese Banks in Reducing Agency Costs / Akiyoshi Horiuchi and Ryoko Okazaki -- 10. Risk-Adjusted Deposit Insurance for Japanese Banks / Ryuzo Sato, Rama Ramachandran and Bohyong Kang -- 11. Competition in Retail Banking Markets: A Comparison of Britain and Japan / Shelagh Heffernan.

ISBN

0521452287

LCCN

93003810

OCLC

• 502588970
• ocn502588970

Owning Institutions

Columbia University Libraries