EXCHANGE RATES AND GLOBAL FINANCIAL POLICIES

Focusing on exchange rate economics and monetary integration, this work by Paul De Grauwe presents innovative theoretical and empirical methods for modeling exchange rates. It is divided into three parts: the first explores new approaches to exchange rate modeling, the second compiles research on monetary unions, particularly in the Eurozone, and the third critiques mainstream macroeconomic models while suggesting alternative frameworks. Drawing from behavioral finance, the book offers a comprehensive analysis of international macroeconomics.