Money, banking and the foreign exchange market in emerging economies
by
Khemraj, Tarron, author.
Title
:
Money, banking and the foreign exchange market in emerging economies
Author
:
Khemraj, Tarron, author.
ISBN
:
9781782548379
Personal Author
:
Khemraj, Tarron, author.
Physical Description
:
vii, 162 pages : illustrations ; 24 cm
Contents
:
Motivation and scope of study -- Stylized facts and bank liquidity preference -- Oligopolistic banking, compensation and financial stability -- The bank liquidity trap -- Compensation and endogenous money in an open economy -- The investment demand constraint and the FX market.
Abstract
:
'One of the fundamental features of the financial system in most small island developing countries is the existence of oligopolistic banking systems. While economists have, for some time now, been working on developing models to explain the behaviour of firms in such market structures, this book is unique as it applies these tools to monetary models of the banking system. In doing so, the text highlights many of the important differences between banking systems in small states and those in larger and more developed markets.
Subject Term
:
Foreign exchange rates -- Developing countries.
Foreign exchange market -- Developing countries.
Banks and banking -- Developing countries.
| Library | Material Type | Item Barcode | Shelf Number | Copy |
|---|
| IIEMSA | General Books | 33168025752839 | 332.456091724 K45M 2014 | 1 |