Journals Higher Education



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Published: 06 April 2006

304 Pages | Numerous tables and figures


ISBN: 9780199280575

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Bookseller Code (AJ)

Stochastic Optimal Control, International Finance, and Debt Crises

Jerome L. Stein

  • Cutting edge interdisciplinary research in the areas of economics and applied mathematics
  • Provides analytical tools to explain and evaluate trends in real exchange rates, and provides theoretically based warning signals of currency and debt crises
  • Explanation of exchange rate crises and debt crises in Asia and Emerging market countries
  • Provides an evaluation of the sustainability of US current account deficits and their effects upon the vulnerability of the economy to external shocks
  • Each chapter is self-contained, allowing the reader to read the book as a whole or according to their interest

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