" This book provides an alternative view of the workings of foreign exchange markets. The authors' modeling approach is based on the idea that agents use simple forecasting rules and switch to those rules that have been shown to be the most profitable in the past. This selection mechanism is based on trial and error and is probably the best possible strategy in an uncertain world, the authors contend. It creates a rich dynamic in t ..."
International Money(2nd Edition) Postwar Trends and Theories by PaulDeGrauwe Paperback, 288 Pages, Published 1996 by Oxford University Press ISBN-13: 978-0-19-877513-3, ISBN: 0-19-877513-X
"The period since the Second World war has been an eventful and often disturbing one in the international monetary field. Economic theories have been propounded and modified both to explain these events and to influence future choices made by economic actors. This history of international monetary relations shows both how theoretical development affected private developments, and how the theories themselves have been judged - and often ..."
Economics of Monetary Union(12th Edition) by PaulDeGrauwe Paperback, 304 Pages, Published 2018 by Oxford University Press ISBN-13: 978-0-19-880522-9, ISBN: 0-19-880522-5
"The twelfth edition of Economics of Monetary Union provides a concise analysis of the theories and policies relating to monetary union. The author addresses current issues surrounding the Eurozone, including; a critical discussion of the costs and benefits of possible exits by its member countries, an analysis of the role of the ECB as new single supervisor and detail on the sovereign debt crisis. In Part One the author examines the im ..."
"Modern macroeconomics has been based on the paradigm of the rational individual capable of understanding the complexity of the world. This has created a very shallow theory of the business cycle in which nothing happens in the macroeconomy unless shocks occur from outside. Behavioural Macroeconomics: Theory and Policy uses a different paradigm. It assumes that individual agents experience cognitive limitations preventing them from havin ..."
The Limits of the Market The Pendulum Between Government and Market by PaulDeGrauwe Paperback, 192 Pages, Published 2019 by Oxford University Press ISBN-13: 978-0-19-885036-6, ISBN: 0-19-885036-0
"The old discussion of 'Market or State' is obsolete. There will always have to be a mix of market and state. The only relevant question is what that mix should look like. How far do we have to let the market go its own way in order to create as much welfare as possible for everyone? What is the responsibility of the government in creating welfare? These are difficult questions. But they are also interesting questions and Paul De Grauwe ..."
" In mainstream economics, and particularly in New Keynesian macroeconomics, the booms and busts that characterize capitalism arise because of large external shocks. The combination of these shocks and the slow adjustments of wages and prices by rational agents leads to cyclical movements. In this book, Paul De Grauwe argues for a different macroeconomics model--one that works with an internal explanation of the business cycle and fac ..."
Economics of Monetary Union (Paperback) by PaulDeGrauwe Paperback, 304 Pages, Published 2020 by Oxford University Press, United Kingdom ISBN-13: 978-0-19-884954-4, ISBN: 0-19-884954-0
"In Box 11.5 we analyse an important implication of this rule for public investments
. Our criticism of the Stability and ... There are two reasons why public investment
is central for promoting economic growth. First, as a result of the financial crisis ..."
The Limits of the Market(1st Edition) The Pendulum between Government and Market by PaulDeGrauwe, Anna Asbury Hardcover, 192 Pages, Published 2017 by Oxford University Press ISBN-13: 978-0-19-878428-9, ISBN: 0-19-878428-7
"The old discussion of 'Market or State' is obsolete. There will always have to be a mix of market and state. The only relevant question is what that mix should look like., How far do we have to let the market go its own way in order to create as much welfare as possible for everyone? What is the responsibility of the government in creating welfare? These are difficult questions. But they are also interesting questions and Paul De Grauwe ..."
Economics of Monetary Union(9th Edition) by PaulDeGrauwe Paperback, 269 Pages, Published 2012 by Oxford University Press ISBN-13: 978-0-19-960557-6, ISBN: 0-19-960557-2
"The ninth edition of Economics of Monetary Union provides a concise analysis of the theories and policies relating to monetary union. The author analyses both the costs and benefits associated with having one currency, as well as the practical workings and current issues with the Euro. In Part One the author examines the implications of adopting a common currency; assessing the countries benefit from being in the Eurozone members, whil ..."
"Economics of Monetary Union enables students to gain a firm understanding of the theories and policies relating to monetary unions. The author analyses the costs and benefits associated with having one currency, as well as the practical workings and current issues involved with the Euro. Recent global events are addressed in this new edition and coverage of the credit crisis and its implications for the Eurozone has been added. Other ..."
"The creation of the EMU and the introduction of the Euro is a historic event for the EU countries. The debates on the desirability of the EMU provoked a vast economic literature dealing with the theory of the optimum currency area, costs and benefits of the EMU, symmetric versus asymmetric shocks, alternative mechanisms of adjustment in a monetary union and so forth. Until recently, for the Central European candidate countries for ..."
Economics of the Monetary Union(14th Edition) by PaulDeGrauwe Paperback, 328 Pages, Published 2022 by Oxford University Press Jun 2022 ISBN-13: 978-0-19-284977-9, ISBN: 0-19-284977-8
"Additionally, each chapter ends with a conclusion recapping the core issues, and a set of questions, which encourages students to test theirknowledge and stretch their understanding further.The fourteenth edition is available for students ..."
Economics of Monetary Union(11th Edition) by PaulDeGrauwe Paperback, 280 Pages, Published 2016 by Oxford University Press ISBN-13: 978-0-19-873987-6, ISBN: 0-19-873987-7
"The eleventh edition of Economics of Monetary Union provides a concise analysis of the theories and policies relating to monetary union. The author addresses current issues surrounding the Eurozone, including; a critical discussion of the costs and benefits of possible exits by its member countries, an analysis of the role of the ECB as new single supervisor and detail on the sovereign debt crisis. In Part One the author examines the im ..."
Economics of Monetary Union(6th Edition) by PaulDeGrauwe Paperback, 272 Pages, Published 2005 by Oxford University Press ISBN-13: 978-0-19-927700-1, ISBN: 0-19-927700-1
"Economics of Monetary Union is the market leader and the main specialist book in this area. De Grauwe has once again built on the success of the previous edition and thoroughly revised and updated this new edition. Clear and concise, the book covers all the key issues relating to monetary union and will fit with both undergraduate and postgraduate economics modules. Student-friendly and well structured with numerous new exercises and e ..."
Economics of Monetary Union,(4th Edition) by PaulDeGrauwe Paperback, 256 Pages, Published 2000 by Oxford University Press ISBN-13: 978-0-19-877632-1, ISBN: 0-19-877632-2
"Fully revised and updated following the monetary inegration of Europe, this popular introductory textbook examines recent events from both economic and political perspectives, covering costs and benefits in a scrupulously balanced account."
"Fully revised and updated, the third edition of this popular introductory textbook on monetary integration in Europe takes account of the recent important economic and policy changes in the European Monetary System."
"Paul De Grauwe, Marc Janssens, Hilde Leliaert. 150. Robert E. Baldwin, The
Inefficacy of Trade Policy. (Dec. 1982) 151. Jack Guttentag and Richard Herring,
The Lender-of-Last Resort Function in an International Context. (May 1983) 152."
"Competitiveness among nations is often approached as if it were a sports competition: some countries win medals, others lose out. This view of countries fighting it out in the economic arena is especially popular in business circles and among politicians. Economists, however, take a very different approach to international economic relations, arguing that international trad ..."
Economics of Monetary Union(10th Edition) by PaulDeGrauwe Paperback, 280 Pages, Published 2014 by Oxford University Press ISBN-13: 978-0-19-968444-1, ISBN: 0-19-968444-8
"The tenth edition of Economics of Monetary Union provides a concise analysis of the theories and policies relating to monetary union. The author analyses both the costs and benefits associated with exiting the eurozone, as well as presenting a discussion of the banking union, the current issues surrounding the TARGET2 payment system, and the role of the European Central Bank. In Part One the author examines the implications of adopting ..."
"Almost a year after the European Central Bank (ECB) officially "opened for business," this second major report in the Monitoring European Central Bank series provides a detailed analysis of the ECB's actions and alerts the public to the main issues raised by the policies pursued by the ECB during its first year. Written by a team of distinguished economists known internationally for their work on macroeconomics, the report also provide ..."