International Money and Finance, 3rd Edition

With the third edition of International Money and Finance, Hallwood and MacDonald continue to provide an invaluable resource for advanced undergraduates and graduates studying monetary economics in an international context. Reflecting monetary, neoclassical, and neoKeynesian research agendas, the book investigates all four dimensions of international money and finance - theory, evidence, policy, and institutions.

In addition to offering new and revised sections to reflect the latest theoretical and empirical research, the third edition includes new chapters on:

• real shocks and exchange regime volatility.
  
• currency crises and speculative attack.
  
• exchange rate target zones and 'dirty floating'
  
• exchange rates and transition economies.