International Financial Management
J. Markham Collins, PhD
I. Introduction to the International Monetary System
Book Chapters:


Appleyard et al. (2010) – Chapter 20, pp. 476-506
Shapiro (2010). Chapter 2, pp. 57-98
II. Fixed and Floating Exchange Rates
Book Chapters:


Appleyard, Chapter 20, pp. 476-506 & Chapter 28, pp. 713-738
Eun & Resnick (2009) – Chapter 2, pp. 25-59 & Chapter 6, pp. 134-164
Readings:



McKinnon (1963)
Mundell (1961)
Mundell (1960)
III. The Optimal Currency Area and the Euro
Book Chapters:


Shapiro, Chapter 3, pp. 99-134
Appleyard, Chapter 29, pp. 739-774
Readings:






McKinnon (2002)
Mundell (1999)
Kenen (2003)
Mishra et al. (2010)
Vasiliauskaitė et al. (2007)
Kotil et al. (2009)
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International Financial Management | The University of Tulsa
IV. Managing Translation and Transaction Currency Exposure
Book Chapters:


Shapiro, Chapter 10, pp.354-402
Eun & Resnick, Chapter 8, pp. 192-220 & Chapter 10, pp. 242-261
Readings:


Hutson and O’Driscoll (2010)
Maker and Huffman (2008)
Case Studies:
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

Lufthansa: To Hedge or Not to Hedge
Waterside Furniture Company
Porsche Exposed
V. Economic Exposure
Book Chapters:


Shapiro, Chapter 11, pp.403-449
Eun & Resnick, Chapter 9, pp. 221-241
Readings:

Collins Working Paper
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International Financial Management | The University of Tulsa
References
Appleyard, D., Field, A., Cobb, S. (2009). International Economics. McGraw-Hill
Cesarano, F. (2006). The Origins of the Theory of Optimum Currency Areas. History of Political
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