The second edition of this highly successful text begins by explaining exchange rate and balance of payments theory from basics through to the most recent state of the art theoretical developments.…
The importance of the international monetary system is clearly evident in daily news stories about fluctuating currencies and in dramatic events such as the recent reversals in the Mexican economy.…
The global economy, on which the world now depends more than ever, is in crisis. The Russian economy has collapsed, leading to punishing inflation and economic hardship. Scores of Japanese banks ar…
This book presents a theory of the firm based on its economic role as an intermediary between customers and suppliers. Professor Spulber demonstrates how the intermediation theory of the firm expla…
This market-leading textbook provides the most authoritative, applications-rich coverage of key concepts, models, and issues in money and banking. The Sixth Edition Update features a careful revisi…
Bringing a unique joint practitioner and academic perspective to the topic, this is the only available text on private equity truly international in focus. Examples are drawn from Europe the Middle…
This book provides a sweeping, up-to-date, and boldly critical account of the financial crises that rocked East Asia and other parts of the world beginning with the collapse of the Thai baht in 199…
An engaging look at the road to a sustained economic recovery. The global finance system can be regulated to prevent massive credit fraud, tame capitalism, confront the sovereign debt crisis, and m…
Praise for Dynamic Term Structure Modeling "This book offers the most comprehensive coverage of term-structure models I have seen so far, encompassing equilibrium and no-arbitrage models in a ne…
In the last 20 years there has been a revolution in the way financial economists understand the financial market place. The announcement that the 1990 Nobel prize for Economics had been awarded to …