Breaking from conventional wisdom, this book provides an explanation of exchange rates
based on the premise that it is financial capital flows and not international trade that …

We present a mixed integer linear formulation that extends published models on
multinational corporation facility location decisions by including exogenous variables such …

Research modeling the production planning and logistics decisions for multi-national
companies (MNC's) operating under varying inflation and exchange rates is scanty …

Finding satisfactory explanations of deviations from uncovered interest rate parity (UIRP)
has proved to be a frustrating experience for Neoclassical economists. Studies have focused …

In a 1982-83 article, Paul Davidson argues that rational expectations are a poor guide to
real-world economic behavior. He supports this contention with a number of points, relying …

The market for foreign currency is the largest in the world. A 1989 Bank for International
Settlements (BIS) survey concluded that the average daily value of foreign currency …

Considerable research literature exists on production planning, distribution, and investment
models. In most cases they have been treated independently in an environment of low …

It is well accepted among Institutionalist and Post Keynesian scholars that portfolio
investment markets are driven by agents' expectations rather than" the fundamentals." This …

Neoclassical economists have, by their own admission, had a terrible time explaining
foreign-currency prices (Taylor 1995a, b). Not only have they been unable to develop …

[ES] En este trabajo, tras analizar las principales distorsiones que afectan al sistema
financiero internacional, revisamos las características fundamentales de una de las …