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| Title Details: | |
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Open Economy and the Exchange-rate Market |
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| Authors: |
Koutentakis, Fragkiskos Koukouritakis, Minos |
| Reviewer: |
Papadopoulos, Athanasios |
| Subject: | LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > MACROECONOMICS AND MONETARY ECONOMICS > GENERAL AGGREGATIVE MODELS LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > MACROECONOMICS AND MONETARY ECONOMICS > LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > MACROECONOMICS AND MONETARY ECONOMICS > MONETARY POLICY, CENTRAL BANKING, AND THE SUPPLY OF MONEY AND CREDIT LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > MACROECONOMICS AND MONETARY ECONOMICS > MACROECONOMIC POLICY, MACROECONOMIC ASPECTS OF PUBLIC FINANCE, AND GENERAL OUTLOOK LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > INTERNATIONAL ECONOMICS > INTERNATIONAL FINANCE |
| Description: | |
| Abstract: |
The first chapter describes the exchange-rate market, while it defines the concept of exchange-rate arbitrage. Furthermore, it examines exchange-rate determination via supply and demand. Finally, it analyses the equilibrium in the exchange-rate market, while it emphasizes on the intervention of the central bank of a country to keep the exchange rate of its currency stable or to minimize its volatility.
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| Type: |
Chapter |
| Creation Date: | 10-11-2015 |
| Item Details: | |
| License: |
Attribution – NonCommercial – NoDerivatives 4.0 International (CC BY-NC-ND 4.0) |
| Handle | http://hdl.handle.net/11419/293 |
| Bibliographic Reference: | Koutentakis, F., & Koukouritakis, M. (2015). Open Economy and the Exchange-rate Market [Chapter]. In Koutentakis, F., & Koukouritakis, M. 2015. International Macroeconomics [Undergraduate textbook]. Kallipos, Open Academic Editions. https://hdl.handle.net/11419/293 |
| Language: |
Greek |
| Is Part of: |
International Macroeconomics |
| Publication Origin: |
Kallipos, Open Academic Editions |