The basics of foreign exchange markets: a monetary systems approach
1. Introduction -- 2. Money and monetary systems -- 3. Foreign exchange markets -- 4. Foreign exchange markets with commodity and fiduciary monies -- 5. Foreign exchange markets with fiat money: fixed exchange rates -- 6. Foreign exchange markets with fiat money: flexible exchange rates -- 7. Propos...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
New York, New York (222 East 46th Street, New York, NY 10017)
Business Expert Press
2018
|
| Ausgabe: | Second edition |
| Schriftenreihe: | Economics collection
|
| Schlagworte: | |
| Online-Zugang: | FHN01 FWS01 FWS02 UBY01 Volltext |
| Zusammenfassung: | 1. Introduction -- 2. Money and monetary systems -- 3. Foreign exchange markets -- 4. Foreign exchange markets with commodity and fiduciary monies -- 5. Foreign exchange markets with fiat money: fixed exchange rates -- 6. Foreign exchange markets with fiat money: flexible exchange rates -- 7. Proposals advanced by critics of flexible exchange rates -- Notes -- References -- Index Foreign exchange markets are inextricably entwined with underlying monetary standards. Thus, they are treated conjointly. Four different exchange rate regimes are analyzed: (1) foreign exchange markets with commodity money; (2) foreign exchange markets with fiduciary money; (3)foreign exchange markets with fiat money--fixed exchange rates; and, (4) foreign exchange markets with fiat money--flexible exchange rates. For the last eight decades, most countries have operated with fiat monies. For proponents of the fiat money standard, one of its desirable attributes is that it provides individual countries with considerable monetary autonomy. However, both analytics and experience indicate that this is not always the case. Whether a country has more monetary autonomy depends upon whether fiat money is paired with fixed exchange rates (regime 3) or flexible exchange rates (regime 4). More autonomy is possible with flexible exchange rates (regime 4). Such autonomy is largely possible because foreign exchange markets are allowed to accommodate the wide variations in national monetary policies. Under this regime, the purchasing power parity (PPP) theory of exchange rates assumes elevated importance in accounting for foreign exchange market adjustments. Exchange rate regime 4 has been in place (in many countries) for more than four decades, and there are critics. Those who advocate scrapping this arrangement generally favor a return to either regime 2 or regime 3 |
| Beschreibung: | Includes bibliographical references (pages [83-87]) and index |
| Beschreibung: | Online-Ressource (90 pages) |
| ISBN: | 9781947098718 9781947098800 |
Internformat
MARC
| LEADER | 00000nmm a2200000zc 4500 | ||
|---|---|---|---|
| 001 | BV045876423 | ||
| 003 | DE-604 | ||
| 005 | 20231213 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 190514s2018 |||| o||u| ||||||eng d | ||
| 020 | |a 9781947098718 |9 978-1-947098-71-8 | ||
| 020 | |a 9781947098800 |q Online, PDF |9 978-1-947098-80-0 | ||
| 035 | |a (ZDB-191-BEX)9781947098718 | ||
| 035 | |a (OCoLC)1029302377 | ||
| 035 | |a (DE-599)BVBBV045876423 | ||
| 040 | |a DE-604 |b ger |e rda | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-863 |a DE-862 |a DE-706 |a DE-92 | ||
| 082 | 0 | |a 332.45 |2 23 | |
| 084 | |a QK 650 |0 (DE-625)141674: |2 rvk | ||
| 100 | 1 | |a Gerdes, William D. |e Verfasser |0 (DE-588)170299228 |4 aut | |
| 245 | 1 | 0 | |a The basics of foreign exchange markets |b a monetary systems approach |c William D. Gerdes |
| 250 | |a Second edition | ||
| 264 | 1 | |a New York, New York (222 East 46th Street, New York, NY 10017) |b Business Expert Press |c 2018 | |
| 300 | |a Online-Ressource (90 pages) | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 490 | 0 | |a Economics collection | |
| 500 | |a Includes bibliographical references (pages [83-87]) and index | ||
| 520 | |a 1. Introduction -- 2. Money and monetary systems -- 3. Foreign exchange markets -- 4. Foreign exchange markets with commodity and fiduciary monies -- 5. Foreign exchange markets with fiat money: fixed exchange rates -- 6. Foreign exchange markets with fiat money: flexible exchange rates -- 7. Proposals advanced by critics of flexible exchange rates -- Notes -- References -- Index | ||
| 520 | |a Foreign exchange markets are inextricably entwined with underlying monetary standards. Thus, they are treated conjointly. Four different exchange rate regimes are analyzed: (1) foreign exchange markets with commodity money; (2) foreign exchange markets with fiduciary money; (3)foreign exchange markets with fiat money--fixed exchange rates; and, (4) foreign exchange markets with fiat money--flexible exchange rates. For the last eight decades, most countries have operated with fiat monies. For proponents of the fiat money standard, one of its desirable attributes is that it provides individual countries with considerable monetary autonomy. However, both analytics and experience indicate that this is not always the case. Whether a country has more monetary autonomy depends upon whether fiat money is paired with fixed exchange rates (regime 3) or flexible exchange rates (regime 4). More autonomy is possible with flexible exchange rates (regime 4). Such autonomy is largely possible because foreign exchange markets are allowed to accommodate the wide variations in national monetary policies. Under this regime, the purchasing power parity (PPP) theory of exchange rates assumes elevated importance in accounting for foreign exchange market adjustments. Exchange rate regime 4 has been in place (in many countries) for more than four decades, and there are critics. Those who advocate scrapping this arrangement generally favor a return to either regime 2 or regime 3 | ||
| 650 | 4 | |a Foreign exchange market | |
| 650 | 4 | |a Foreign exchange rates | |
| 650 | 0 | 7 | |a Börse |0 (DE-588)4007502-3 |2 gnd |9 rswk-swf |
| 653 | |a Electronic books | ||
| 689 | 0 | 0 | |a Börse |0 (DE-588)4007502-3 |D s |
| 689 | 0 | |5 DE-604 | |
| 776 | 0 | 8 | |i Erscheint auch als |n Druck-Ausgabe |z 9781947098800 |
| 856 | 4 | 0 | |u http://portal.igpublish.com/iglibrary/search/BEPB0000718.html |x Verlag |z URL des Erstveröffentlichers |3 Volltext |
| 912 | |a ZDB-191-BEX | ||
| 999 | |a oai:aleph.bib-bvb.de:BVB01-031259641 | ||
| 966 | e | |u https://portal.igpublish.com/iglibrary/search/BEPB0000718.html |l FHN01 |p ZDB-191-BEX |q FHN_PDA_BEX_Kauf |x Verlag |3 Volltext | |
| 966 | e | |u http://portal.igpublish.com/iglibrary/search/BEPB0000718.html |l FWS01 |p ZDB-191-BEX |x Verlag |3 Volltext | |
| 966 | e | |u http://portal.igpublish.com/iglibrary/search/BEPB0000718.html |l FWS02 |p ZDB-191-BEX |x Verlag |3 Volltext | |
| 966 | e | |u http://portal.igpublish.com/iglibrary/search/BEPB0000718.html |l UBY01 |p ZDB-191-BEX |x Verlag |3 Volltext | |
Datensatz im Suchindex
| DE-BY-FWS_katkey | 724567 |
|---|---|
| _version_ | 1806188255390990337 |
| any_adam_object | |
| author | Gerdes, William D. |
| author_GND | (DE-588)170299228 |
| author_facet | Gerdes, William D. |
| author_role | aut |
| author_sort | Gerdes, William D. |
| author_variant | w d g wd wdg |
| building | Verbundindex |
| bvnumber | BV045876423 |
| classification_rvk | QK 650 |
| collection | ZDB-191-BEX |
| ctrlnum | (ZDB-191-BEX)9781947098718 (OCoLC)1029302377 (DE-599)BVBBV045876423 |
| dewey-full | 332.45 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 332 - Financial economics |
| dewey-raw | 332.45 |
| dewey-search | 332.45 |
| dewey-sort | 3332.45 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| edition | Second edition |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>04027nmm a2200517zc 4500</leader><controlfield tag="001">BV045876423</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20231213 </controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">190514s2018 |||| o||u| ||||||eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9781947098718</subfield><subfield code="9">978-1-947098-71-8</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9781947098800</subfield><subfield code="q">Online, PDF</subfield><subfield code="9">978-1-947098-80-0</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-191-BEX)9781947098718</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1029302377</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV045876423</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-863</subfield><subfield code="a">DE-862</subfield><subfield code="a">DE-706</subfield><subfield code="a">DE-92</subfield></datafield><datafield tag="082" ind1="0" ind2=" "><subfield code="a">332.45</subfield><subfield code="2">23</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QK 650</subfield><subfield code="0">(DE-625)141674:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Gerdes, William D.</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)170299228</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">The basics of foreign exchange markets</subfield><subfield code="b">a monetary systems approach</subfield><subfield code="c">William D. Gerdes</subfield></datafield><datafield tag="250" ind1=" " ind2=" "><subfield code="a">Second edition</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">New York, New York (222 East 46th Street, New York, NY 10017)</subfield><subfield code="b">Business Expert Press</subfield><subfield code="c">2018</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">Online-Ressource (90 pages)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">Economics collection</subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a">Includes bibliographical references (pages [83-87]) and index</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">1. Introduction -- 2. Money and monetary systems -- 3. Foreign exchange markets -- 4. Foreign exchange markets with commodity and fiduciary monies -- 5. Foreign exchange markets with fiat money: fixed exchange rates -- 6. Foreign exchange markets with fiat money: flexible exchange rates -- 7. Proposals advanced by critics of flexible exchange rates -- Notes -- References -- Index</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">Foreign exchange markets are inextricably entwined with underlying monetary standards. Thus, they are treated conjointly. Four different exchange rate regimes are analyzed: (1) foreign exchange markets with commodity money; (2) foreign exchange markets with fiduciary money; (3)foreign exchange markets with fiat money--fixed exchange rates; and, (4) foreign exchange markets with fiat money--flexible exchange rates. For the last eight decades, most countries have operated with fiat monies. For proponents of the fiat money standard, one of its desirable attributes is that it provides individual countries with considerable monetary autonomy. However, both analytics and experience indicate that this is not always the case. Whether a country has more monetary autonomy depends upon whether fiat money is paired with fixed exchange rates (regime 3) or flexible exchange rates (regime 4). More autonomy is possible with flexible exchange rates (regime 4). Such autonomy is largely possible because foreign exchange markets are allowed to accommodate the wide variations in national monetary policies. Under this regime, the purchasing power parity (PPP) theory of exchange rates assumes elevated importance in accounting for foreign exchange market adjustments. Exchange rate regime 4 has been in place (in many countries) for more than four decades, and there are critics. Those who advocate scrapping this arrangement generally favor a return to either regime 2 or regime 3</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Foreign exchange market</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Foreign exchange rates</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Börse</subfield><subfield code="0">(DE-588)4007502-3</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Electronic books</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">Börse</subfield><subfield code="0">(DE-588)4007502-3</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2=" "><subfield code="5">DE-604</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Druck-Ausgabe</subfield><subfield code="z">9781947098800</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">http://portal.igpublish.com/iglibrary/search/BEPB0000718.html</subfield><subfield code="x">Verlag</subfield><subfield code="z">URL des Erstveröffentlichers</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-191-BEX</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-031259641</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://portal.igpublish.com/iglibrary/search/BEPB0000718.html</subfield><subfield code="l">FHN01</subfield><subfield code="p">ZDB-191-BEX</subfield><subfield code="q">FHN_PDA_BEX_Kauf</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://portal.igpublish.com/iglibrary/search/BEPB0000718.html</subfield><subfield code="l">FWS01</subfield><subfield code="p">ZDB-191-BEX</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://portal.igpublish.com/iglibrary/search/BEPB0000718.html</subfield><subfield code="l">FWS02</subfield><subfield code="p">ZDB-191-BEX</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://portal.igpublish.com/iglibrary/search/BEPB0000718.html</subfield><subfield code="l">UBY01</subfield><subfield code="p">ZDB-191-BEX</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield></record></collection> |
| id | DE-604.BV045876423 |
| illustrated | Not Illustrated |
| indexdate | 2024-08-01T14:29:09Z |
| institution | BVB |
| isbn | 9781947098718 9781947098800 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-031259641 |
| oclc_num | 1029302377 |
| open_access_boolean | |
| owner | DE-863 DE-BY-FWS DE-862 DE-BY-FWS DE-706 DE-92 |
| owner_facet | DE-863 DE-BY-FWS DE-862 DE-BY-FWS DE-706 DE-92 |
| physical | Online-Ressource (90 pages) |
| psigel | ZDB-191-BEX ZDB-191-BEX FHN_PDA_BEX_Kauf |
| publishDate | 2018 |
| publishDateSearch | 2018 |
| publishDateSort | 2018 |
| publisher | Business Expert Press |
| record_format | marc |
| series2 | Economics collection |
| spellingShingle | Gerdes, William D. The basics of foreign exchange markets a monetary systems approach Foreign exchange market Foreign exchange rates Börse (DE-588)4007502-3 gnd |
| subject_GND | (DE-588)4007502-3 |
| title | The basics of foreign exchange markets a monetary systems approach |
| title_auth | The basics of foreign exchange markets a monetary systems approach |
| title_exact_search | The basics of foreign exchange markets a monetary systems approach |
| title_full | The basics of foreign exchange markets a monetary systems approach William D. Gerdes |
| title_fullStr | The basics of foreign exchange markets a monetary systems approach William D. Gerdes |
| title_full_unstemmed | The basics of foreign exchange markets a monetary systems approach William D. Gerdes |
| title_short | The basics of foreign exchange markets |
| title_sort | the basics of foreign exchange markets a monetary systems approach |
| title_sub | a monetary systems approach |
| topic | Foreign exchange market Foreign exchange rates Börse (DE-588)4007502-3 gnd |
| topic_facet | Foreign exchange market Foreign exchange rates Börse |
| url | http://portal.igpublish.com/iglibrary/search/BEPB0000718.html |
| work_keys_str_mv | AT gerdeswilliamd thebasicsofforeignexchangemarketsamonetarysystemsapproach |