Research Catalog

Title

International finance and financial crises : essays in honor of Robert P. Flood, Jr. / edited by Peter Isard, Assaf Razin, and Andrew K. Rose.

Publication

Boston : Kluwer Academic ; Washington D.C. : International Monetary Fund, [1999], ©1999.

Items in the Library & Off-site

Details

Additional Authors

• Flood, Robert P.
• Isard, Peter.
• Razin, Assaf.
• Rose, Andrew, 1959-

Description

xvi, 273 pages : illustrations; 24 cm

Summary

• "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 those topics or others of their choosing. The results include five papers on topics in international finance; two of these, as well as the panel discussion, focus on speculative attacks and financial crises. The other papers take new directions in exploring topics on which the existing literature leaves much to be desired."--BOOK JACKET.

Uniform Title

International tax and public finance.

Subjects

• International finance
• Financial crises
• Flood, Robert P

Note

• "Proceedings of a conference held in honor of Robert P. Flood, Jr. ... at the International Monetary Fund in Washington, DC on the occasion of ... [his] fiftieth birthday in January 1999"--P. [ix].
• "Partly reprinted from the International tax and public finance, volume 6, no. 4 (1999)."

Bibliography (note)

• Includes bibliographical references and index.

Contents

• A Tribute to Robert P. Flood, Jr. / Stanley Fischer -- 1. Some Parallels Between Currency and Banking Crises / Nancy P. Marion -- Comments / Carmen M. Reinhart and Donald J. Mathieson -- 2. Balance Sheets, the Transfer Problem, and Financial Crises / Paul Krugman -- Comments / Peter Garber and Olivier Jeanne -- 3. Financial Crises: What Have We Learned from Theory and Experience? -- Summary of Panel Remarks / Michael P. Dooley, Rudiger Dornbusch and David Folkerts-Landau / [et al.] -- Remarks / Jacob A. Frenkel -- 4. On the Foreign Exchange Risk Premium in Sticky-Price General Equilibrium Models / Charles Engel -- Comments / James M. Boughton and Richard A. Meese -- 5. An Information-Based Model of Foreign Direct Investment: The Gains from Trade Revisited / Assaf Razin, Efraim Sadka and Chi-Wa Yuen -- Comment / Joshua Aizenman -- 6. An International Dynamic Asset Pricing Model / Robert J. Hodrick, David Tat-Chee Ng and Paul Sengmueller --
• Comments / Louis Scott and Paul D. Kaplan -- 7. Role of the Minimal State Variable Criterion in Rational Expectations Models / Bennett T. McCallum -- Comment / Edwin Burmeister -- 8. Exact Utilities under Alternative Monetary Policy Rules in a Simple Macro Model with Optimizing Agents / Dale W. Henderson and Jinill Kim -- Simple Monetary Policy Rules Under Model Uncertainty / Peter Isard, Douglas Laxton and Ann-Charlotte Eliasson -- Comments / Jo Anna Gray, Lars E. O. Svensson and Bennett T. McCallum -- App. Robert P. Flood, Jr. - Bibliography.

ISBN

• 1557758344 (paperback)
• 0792385799 (hard cover)

LCCN

99040806

OCLC

• 42002658
• ocm42002658
• SCSB-3839800

Owning Institutions

Columbia University Libraries