WorldCat Identities

Grauwe, Paul de

Works: 479 works in 1,381 publications in 6 languages and 13,665 library holdings
Genres: Conference proceedings  History 
Roles: Author, Editor, Contributor, Other
Classifications: HG930.5, 332.456
Publication Timeline
Most widely held works by Paul de Grauwe
Economics of monetary union by Paul de Grauwe( Book )
163 editions published between 1992 and 2014 in 7 languages and held by 3,142 WorldCat member libraries worldwide
This expositive textbook on monetary integration looks at the costs and benefits of monetary union in Europe. The author examines such topical issues as whether there is a good economic case for countries to have separate currencies, and whether a nation increases its welfare when it abolishes its national currency and adopts the currency of a wider area. This leads naturally to questions concerning the size of an optimal monetary area - should this include the EC, the whole of Europe, or the whole world? The first part of the book focuses on complete monetary unions in which a common currency is substituted for national currencies. The second part looks at incomplete monetary unions and analyzes the operation of monetary systems in which national monetary authorities maintain their national currencies but agree to fix their exchange rates. This leads to an analysis of the European Monetary System and also examines the issues relating to the transition to a full monetary system. The book combines comprehensive exposition with discussion of recent historical events and theory and will prove invaluable to students
Exchange rate economics where do we stand? by Paul de Grauwe( )
10 editions published in 2005 in English and held by 1,247 WorldCat member libraries worldwide
"This book discusses the divergent theoretical and empirical paradigms used today for setting and predicting exchange rates; the chapters reflect current debates in the field. Some chapters base their analyses on the theoretical framework of representative and fully informed rational agents; others are grounded in the heterogeneity of agents who use different and incomplete sets of information. Still others chapters analyze empirical data to uncover the fundamental characteristics of exchange rates. Taken together, these competing analyses document the current state of exchange rate economics and point the way to a new consensus about how to predict and explain exchange rate movements."--BOOK JACKET
International money : post-war trends and theories by Paul de Grauwe( Book )
48 editions published between 1988 and 2006 in 3 languages and held by 1,056 WorldCat member libraries worldwide
This is the second edition of Paul De Grauwe's history of international monetary relations. Significantly revised and expanded, it covers areas such as the EMS, fixed exchange rate systems and the chaos theory
Choosing an exchange rate regime the challenge for smaller industrial countries ( )
8 editions published in 1990 in English and held by 874 WorldCat member libraries worldwide
This collection of papers, edited by Victor Argy and Paul De Grauwe, examines issues surrounding the choice of exchange rate regime in smaller industrial countries. It contains a comprehensive summary by Jacques J. Polak
Illicit trade and the global economy by Cláudia Costa Storti( )
9 editions published in 2012 in English and held by 691 WorldCat member libraries worldwide
Economists explore the relationship between expanding international trade and the parallel growth in illicit trade, including illegal drugs, smuggling, and organized crime
Real-exchange-rate variability from 1920 to 1926 and 1973 to 1982 by Paul de Grauwe( Book )
8 editions published in 1985 in English and held by 475 WorldCat member libraries worldwide
The exchange rate in a behavioral finance framework by Paul de Grauwe( Book )
7 editions published in 2006 in English and held by 354 WorldCat member libraries worldwide
"This book provides an alternative view of the workings of foreign exchange markets. The authors' modeling approach is based on the idea that agents use simple forecasting rules and switch to those rules that have been shown to be the most profitable in the past. This selection mechanism is based on trial and error and is probably the best possible strategy in an uncertain world, the authors contend. It creates a rich dynamic in the foreign exchange markets and can generate bubbles and crashes. Sensitivity to initial conditions is a pervasive force in De Grauwe and Grimaldi's model. It explains why large exchange-rate changes and volatility clustering occur. It also has important implications for understanding how the news affects the exchange rate. De Grauwe and Grimaldi conclude that news in fundamentals has an unpredictable effect on the exchange rate. Sometimes, they maintain, it alters the exchange rate considerably; at other times it has no effectwhatsoever. The authors also use their model to analyze the effects of official interventions in the foreign exchange market. They show that simple intervention rules of the "leaning-against-the-wind" variety can be effective in eliminating bubbles and crashes in the exchange rate. They further demonstrate how, quite paradoxically, by intervening in the foreign exchange market the central bank makes the market look more efficient. Clear and comprehensive, The Exchange Rate in a Behavioral Finance Framework is a must-have for analysts in foreign exchange markets as well as students of international finance and economics."--Publisher's website
Exchange rate theory : chaotic models of foreign exchange markets by Paul de Grauwe( Book )
13 editions published between 1993 and 1995 in English and held by 339 WorldCat member libraries worldwide
"Exchange Rate Theory presents a novel and elegant theory to explain the excessive variability of foreign exchange rate returns. The theory is novel in the sense that it focuses on interaction between market agents as the primary source of the variability in those speculative prices. It is shown that simple interactions between market participants using different information is sufficient to generate deterministic chaos." "In the first part of this book the authors survey existing exchange rate theories and ask whether these theories are useful in explaining actual exchange rate movements. They demonstrate that the 1970s were characterized by the belief that exchange rates could be understood by an analysis of the fundamentals (inflation rates, interest rates and monetary policy). Subsequently, this belief has all but disappeared but researchers have been content to analyze the statistical properties of exchange rates, abandoning the theory and the models." "The second part of the book uses chaos theory to construct an innovative framework for the understanding of exchange markets. These models, which integrate fundamentalism and chartism, create complex exchange rate movements which appear to be random. These models are used to explain several of the anomalies observed in exchange rate markets and to evaluate the possibility of exchange rate prediction."--BOOK JACKET
Exchange rates, money, and output : the European experience by Paul de Grauwe( Book )
20 editions published between 1984 and 1987 in English and Undetermined and held by 323 WorldCat member libraries worldwide
Exchange rates in multicountry econometric models by Paul de Grauwe( Book )
10 editions published in 1983 in English and Undetermined and held by 293 WorldCat member libraries worldwide
Prospects for monetary unions after the euro ( Book )
8 editions published in 2005 in English and held by 278 WorldCat member libraries worldwide
Monetary integration is a hot topic since the success of the euro. This book looks at the future prospects for the eurozone and at the potential for similar schemes in other parts of the world
Macroeconomic theory for the open economy by Paul de Grauwe( Book )
21 editions published between 1983 and 1985 in English and held by 264 WorldCat member libraries worldwide
This book is the result of several years of teaching in the fields of macroeconomics and international economics at different universities. The material contained inthis book can be used inclasses of macroeconomics and international economics at the intermediate or graduate level
Lectures on behavioral macroeconomics by Paul de Grauwe( Book )
10 editions published in 2012 in English and held by 259 WorldCat member libraries worldwide
In mainstream economics, and particularly in New Keynesian macroeconomics, the booms and busts that characterize capitalism arise because of large external shocks. The combination of these shocks and the slow adjustments of wages and prices by rational agents leads to cyclical movements. In this book, Paul De Grauwe argues for a different macroeconomics model--one that works with an internal explanation of the business cycle and factors in agents' limited cognitive abilities. By creating a behavioral model that is not dependent on the prevailing concept of rationality, De Grauwe is better able to explain the fluctuations of economic activity that are an endemic feature of market economies. This new approach illustrates a richer macroeconomic dynamic that provides for a better understanding of fluctuations in output and inflation. De Grauwe shows that the behavioral model is driven by self-fulfilling waves of optimism and pessimism, or animal spirits. Booms and busts in economic activity are therefore natural outcomes of a behavioral model. The author uses this to analyze central issues in monetary policies, such as output stabilization, before extending his investigation into asset markets and more sophisticated forecasting rules. He also examines how well the theoretical predictions of the behavioral model perform when confronted with empirical data. Develops a behavioral macroeconomic model that assumes agents have limited cognitive abilities Shows how booms and busts are characteristic of market economies. Explores the larger role of the central bank in the behavioral model. Examines the destabilizing aspects of asset markets
Monetary interdependence and international monetary reform : a European case study by Paul de Grauwe( Book )
14 editions published in 1976 in English and Undetermined and held by 252 WorldCat member libraries worldwide
The ECU and European monetary integration by Paul de Grauwe( Book )
18 editions published between 1988 and 1996 in English and held by 242 WorldCat member libraries worldwide
Inflation and wage behaviour in Europe by Paul de Grauwe( Book )
8 editions published between 1995 and 1996 in English and held by 230 WorldCat member libraries worldwide
As well as explaining how the EMS worked, the book also offers reasons for its breakdown in 1992-3 under the blow of exogenous shocks and growing policy conflict between member countries
Dimensions of competitiveness by Paul de Grauwe( Book )
12 editions published in 2010 in English and held by 222 WorldCat member libraries worldwide
Competitiveness among nations is often approached as if it were a sports competition: some countries win medals, others lose out. This view of countries fighting it out in the economic arena is especially popular in business circles and among politicians. Economists, however, take a very different approach to international economic relations, arguing that international trade leads not to winners and losers but to win-win situations in which all countries profit. In this volume, leading economists take on the sometimes-derided concept of competitiveness, demonstrating the value of systematic analysis in an area too often dominated by special interest groups who use (and abuse) the concept to advance hidden agendas. The chapters range from broad theoretical views to case studies, examining the multiple factors that drive competitiveness. Contributors consider the conceptual framework underlying the World Economic Forum's approach to competitiveness; differences in per capita GDP between the United States and the European Union; an integrated approach to measuring competitiveness and comparative advantage; divergent trends in price and cost competitiveness in the euro area; methodological issues in constructing competitiveness indicators; taxation and international competitiveness; and a case study of Mexico's competitiveness in world markets in comparison to China's
The European monetary system in the 1990s by Paul de Grauwe( Book )
12 editions published between 1990 and 1992 in English and held by 201 WorldCat member libraries worldwide
Inclusion of Central European countries in the European Monetary Union by Paul Grauwe( Book )
8 editions published between 1999 and 2013 in English and held by 138 WorldCat member libraries worldwide
The papers included in this volume study the relationship between the EU accession process of Central European candidate countries and their involvement in the process of European monetary integration. The book focuses on two main questions. First, are these countries (now or possibly later) part of the European optimum currency area so that they should belong to the Euro zone in the near future? Second, if so, how and when should they undertake the necessary adjustments in their monetary and exchange rate policies and join the ERM 2 and the EMU?
The political economy of monetary union by Paul DeGrauwe( Book )
8 editions published in 2001 in English and held by 119 WorldCat member libraries worldwide
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Audience level: 0.63 (from 0.39 for Exchange r ... to 0.87 for Inflation ...)
Alternative Names
De Grauwe, Paul.
De Grauwe, Paul 1946-
DeGrauwe, P. 1946-
DeGrauwe, Paul 1946-
Grauwe, P. de
Grauwe, P. de (Paul)
Grauwe Paul De
Grauwe, Paul de 1946-
グラウウェ, ポール・デ
グラウエ, ポール・デ
グローブ, ポール・ド
English (363)
Italian (29)
French (8)
Spanish (3)
Chinese (2)
Serbian (1)