TY - BOOK AU - Groß,Alexander TI - The Role of the Current Account in Asset Market Models of Exchange Rate Determination T2 - European University Institute - Series D : Economics SN - 9783110113464 U1 - 330 PY - 2019///] CY - Berlin, Boston : PB - De Gruyter, KW - Balance of payments KW - Econometric models KW - Foreign exchange rates KW - Leistungsbilanz KW - Monetäre Wachstumstheorie KW - BUSINESS & ECONOMICS / Economics / General KW - bisacsh N1 - Frontmatter --; Acknowledgements --; CONTENTS --; ABBREVIATIONS --; Outline --; PART I: THEORETICAL FOUNDATIONS --; 1. Introduction: Exchange Rate Theories and the Current Account --; 2. The Monetary Approach --; 3. Portfolio Balance and Wealth Redistribution Effects of the Current Account --; 4. Exchange Rate Expectations and the Current Account --; 5. Diversified Current Account Financing in Portfolio Balance Models --; APPENDICES --; PART I I : EMPIRICAL EVIDENCE --; 6. Introduction and Outline --; 7. Testing the Basic Model: The Approach of Branson, Halttunen and Hasson --; 8. Testing a Multi-Country Model: The Approach of Martin and Masson --; 9. The Standard Portfolio Model: further Empirical Evidence --; 10. Diversified Current-Account Financing: Some Empirical Signs of Its Significance in the Deutsche Mark/US Dollar Case --; 11. Negative Net Foreign Asset Positions: Exchange Rate Stability in Portfolio Balance Models --; Appendices --; REFERENCES; restricted access UR - https://doi.org/10.1515/9783110902105 UR - https://www.degruyter.com/isbn/9783110902105 UR - https://www.degruyter.com/document/cover/isbn/9783110902105/original ER -