The readings for Part 4 provide examples for discussing the determinants of asset prices and the efficient markets hypothesis, short-run and long-run exchange rates, and the influence of international considerations on a central bank's monetary policy.

1. Chapter 9:
   "The Money Market." Timothy Q. Cook and Robert K. LaRoche in Instruments of the Money Market edited by Timothy Q. Cook and Robert K. LaRoche, Federal Reserve Bank of Richmond, 1993, 1-6.
2. Chapter 10:
   "The Consolidation of European Stock Exchanges." James McAndrews and Chris Stefanadis, Federal Reserve Bank of New York Current Issues in Economics and Finance, 8(6), June 2002, pp. 1-6.
3. Chapter 11:
   "Understanding Asset Values: Stock Prices, Exchange Rates, and the 'Peso Problem.'" Keith Sill, Federal Reserve Bank of Philadelphia Business Review, September/October 2000, pp. 3-13.
4. Chapter 13:
   "Burger Survey Provides Taste of International Economics." Michael R. Pakko and Patricia S. Pollard, Federal Reserve Bank of St. Louis The Regional Economist, January 2004, pp. 12-13.
5. Chapter 14:
   "On the Rotation of the Earth, Drunken Sailors, and Exchange Rate Policy." Owen F. Humpage, Federal Reserve Bank of Cleveland Economic Commentary, February 15, 2004, pp. 1-3.
6. Chapter 14:
   "Towards a Sovereign Debt Restructuring Mechanism." Mark M. Spiegel, Federal Reserve Bank of San Francisco FRBSF Economic Letter, No. 2002-19, June 28, 2002, pp. 1-3.
7. Chapter 14:
   "What Monetary Regime for Post-War Iraq?" Mark M. Spiegel, Federal Reserve Bank of San Francisco FRBSF Economic Letter, No. 2003-13, May 9, 2003, pp. 1-3.