Exchange rates and inflation / Rudiger Dornbusch.

Introduction, ix --
I. Exchange rate theory, 1 --
1. Devaluation, money, and nontraded goods, 5 --
2. Exchange rates and fiscal policy in a popular model of international trade, 23 --
3. Real and monetary aspects of the effects of exchange rate changes, 42 --
4. Expectations and exchange rate dynamics, 61 --
5. Exchange rates and prices, 79 --
II. Special topics in exchange rate economics, 103 --
6. Capital mobility, flexible exchange rates, and macroeconomic equilibrium, 107 --
7. Exchange risk and the macroeconomics of exchange rate determination, 125 --
8. The theory of flexible exchange rate regimes and macroeconomic policy, 152 --
9. Special exchange rates for capital account transactions, 177 --
10. The black market for dollars in Brazil /
with D. V. Dantas. C. Pechman, R. de R. Rocha, and D. Simoes, 211 --
11. PPP Exchange rate rules and macroeconomic stability, 227 --
12. Exchange rate economics: 1986, 235 --
III. Equilibrium real exchange rates, 261 --
13. Purchasing power parity, 265 --
14. Comparative advantage, trade, and payments in a Ricardian model with a continuum of goods /
with S. Fischer and P. A. Samuelson, 293 --
15. Tariffs and nontraded goods, 323 --
16. Real interest rates, home goods, and optimal external borrowing, 333 --
17. Intergenerational and international trade, 347 --
IV. Inflation and stabilization, 367 --
18. Consumption, real balances, and the hoarding function /
with M. Mussa, 371 --
19. Inflation, capital, and deficit finance, 379 --
20. Inflation stabilization and capital mobility, 391 --
21. Lessons from the German experience of the 1920s, 409 --
22. Inflation stabilization: the role of incomes policy and of monetization /
with M. H. Simonsen, 439 --
Index, 467.