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International Trade and Finance
New Frontiers for Research

$56.99 (C)

Paul R. Krugman, Patrick J. Conway, Arvind Panagariya, Dani Rodrik, Reuven Glick, Clas G. Wihlborg, Linda S. Goldberg, Tamim Bayoumi, Barry Eichengreen, Benjamin J. Cohen, Marina V. N. Whitman, Kathryn M. E. Dominguez, Polly Reynolds Allen, Nancy P. Marion, Constantine Michalopoulos
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  • Date Published: November 2005
  • availability: Available
  • format: Paperback
  • isbn: 9780521022040

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About the Authors
  • This collection of original essays offers a selection of contemporary scholarship intended to help define an agenda for future research in the field of international trade and finance. Written to honor Peter B. Kenen and to explore his work, the volume is divided into three parts: international trade theory, international monetary theory, and applied policy analysis. Also included is an essay by Paul Krugman assessing Kenen's lifetime of scholarly achievements.

    • Integrated collection offering a compelling research agenda in fields of international trade and finance
    • Internationally known contributors include Benjamin J. Cohen, Paul Krugman, Dani Rodrik, Barry Eichengreen, Reuven Glick and Polly Allen
    • Honours Peter B. Kenen, one of the world's leading international economists and explores the three fields he's researched in 40-year career
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    Reviews & endorsements

    "Peter Kenen has enlightened the economics profession with 40 years' worth of contributions to international monetary theory, international trade theory and public policy debates. Benjamin Cohen's International Trade and Finance: New Frontiers for Research is the profession's way of providing a well-deserved and well-crafted thank you. A `must read' volume for all interested in international economics." Ronald W. Jones, University of Rochester

    "Peter Kenen has been one of the most prolific and influential international economists of his generation. This festschrift, consisting of splendid essays by many of his students, reminds us that Kenen has also been a great teacher who has produced many of today's best international economists. No other scholar can want more than Kenen has achieved." Jagdish Bhagwati, Columbia University

    "These high quality papers are fitting tributes to an innovative and influential economist. I particularly enjoyed Paul Krugman's masterly review of Peter Kenen's contributions to theory and policy." W. Max Corden, Johns Hopkins University

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    Product details

    • Date Published: November 2005
    • format: Paperback
    • isbn: 9780521022040
    • length: 416 pages
    • dimensions: 234 x 156 x 22 mm
    • weight: 0.575kg
    • contains: 25 b/w illus. 47 tables
    • availability: Available
  • Table of Contents

    Introduction
    1. The practical theorist: Peter Kenen's contribution to international economics Paul R. Krugman
    Part I. International Trade Theory:
    2. Nature, capital and trade: a second look Patrick J. Conway
    3. The Meade model of preferential trading: history, analytics and policy implications Arvind Panagariya
    4. International trade and big government Dani Rodrik
    Part II. International Monetary Theory:
    5. Exchange rate regime and international trade Reuven Glick and Clas G. Wihlborg
    6. Exchange rates and investment response in Latin America Linda S. Goldberg
    7. Optimum currency areas and exchange rate volatility: theory and evidence compared Tamim Bayoumi and Barry Eichengreen
    8. Optimum currency area theory: bringing the market back in Benjamin J. Cohen
    Part III. Applied Policy Analysis:
    9. Labour market adjustment and trade: their interaction in the Triad Marina V. N. Whitman
    10. Do the G-3 countries coordinate monetary policy? Kathryn M. E. Dominguez
    11. Fundamental determinants of Mexico's exchange-rate crisis of 1994 Polly Reynolds Allen
    12. Devaluation cycles and adjustment costs Nancy P. Marion
    13. Payments problems in the Commonwealth of Independent States Constantine Michalopoulos.

  • Editor

    Benjamin J. Cohen, University of California, Santa Barbara

    Contributors

    Paul R. Krugman, Patrick J. Conway, Arvind Panagariya, Dani Rodrik, Reuven Glick, Clas G. Wihlborg, Linda S. Goldberg, Tamim Bayoumi, Barry Eichengreen, Benjamin J. Cohen, Marina V. N. Whitman, Kathryn M. E. Dominguez, Polly Reynolds Allen, Nancy P. Marion, Constantine Michalopoulos

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