International Money and Finance - 9th Edition - ISBN: 9780128041062

International Money and Finance

9th Edition

Authors: Michael Melvin Stefan Norrbin
Hardcover ISBN: 9780128041062
Imprint: Academic Press
Published Date: 1st October 2012
Page Count: 344
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Institutional Access


Description

International Money and Finance, Ninth Edition presents an institutional and historical overview of international finance and international money, illustrating how key economic concepts can illuminate real world problems.

With three substantially revised chapters, and all chapters updated, it functions as a finance book that includes an international macroeconomics perspective in its final section. It emphasizes the newest trends in research, neatly defining the intersection of macro and finance.

Successfully used worldwide in both finance and economics departments at both undergraduate and graduate levels, the book features current data, revised test banks, and sharp insights about the practical implications of decision-making.

Key Features

  • Includes current events, such as the LIBOR and Greek crises
  • increases emphasis on countries other than the US
  • Minimizes prerequisites to encourage use by students from varied backgrounds

Readership

Upper-division undergraduate and graduate level students worldwide working in international finance and economics

Table of Contents

I. The International Monetary Environment
1. The Foreign Exchange Market
2.  International Monetary Arrangements
3. The Balance of Payments

II. International Parity Conditions
4. Forward-looking Instruments
5. Eurocurrency Markets and the LIBOR
6. Exchange Rates, Interest Rates and Interest Parity
7. Prices, Exchange Rates and Purchasing Power Parity

III. Risk and International Capital Flows
8. Foreign Exchange Risk and Forecasting
9. Financial Management of the Multinational Firm
10. International Investment
11. International Lending and Crises

IV. Modeling the Exchange Rate and Balance of Payments
12.  Determinants of the Balance of Trade
13. The IS-LM-BP Approach
14. The Monetary Approach
15.  Extensions and Challenges to the Monetary Approach

Details

No. of pages:
344
Language:
English
Copyright:
© Academic Press 2017
Published:
Imprint:
Academic Press
Hardcover ISBN:
9780128041062

About the Author

Michael Melvin

Michael Melvin is Managing Director and Head of Currency Research at BlackRock, Inc. He is also Co-Editor of the "Journal of International Money & Finance." He is a Lecturer in the Master of Financial Engineering Program at the Haas School, University of California, Berkeley.

Affiliations and Expertise

BlackRock Inc., San Francisco, CA, USA

Stefan Norrbin

Stefan Norrbin is a Professor of Economics. His research interests and fields of specialization are in International Finance and Trade, Applied Macroeconomics, and Applied Econometrics. After earning his Ph.D. from ASU in 1986, Dr. Norrbin joined the University of Alabama at Tuscaloosa as an Assistant Professor of Economics for three years. He left the UA to work with McKinsey & Co. in Stockholm, Sweden, as an Associate/Financial Institutions Specialist. His tasks were to research and advice on mergers and strategic positioning of banks and insurance firms. In 1990 Dr. Norrbin joined the Florida State University as a professor of economics.

Affiliations and Expertise

Florida State University, Tallahassee, FL, USA

Reviews

"The new edition of this well-known textbook on International Money and Finance has been updated so that it is fully up-to-date. The textbook is a valuable source of information for students with an interest in these subjects." --Charlotte Christiansen, Aarhus Universitet, Denmark

"Connecting (international) macro and finance is the hard task before us. Melvin and Norrbin have risen to the challenge with breadth and detail." --Romar Correa, University of Mumbai, India