A01=Ronald MacDonald
advanced exchange rate determination research
Author_Ronald MacDonald
Balassa Samuelson Hypothesis
Category=KCBM
Category=KFF
cointegrating
Cointegrating Vectors
currency crisis models
Data Set
econometric analysis exchange rates
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Exchange Rate
Exchange Rate Overshooting
Exchange Rate Volatility
Flexible Price Monetary Model
Foreign Exchange Market
forward
Forward Exchange Rates
Forward Premium
Forward Rate
international macroeconomics
LCP
model
models
monetary
Monetary Shock
Money Market Equilibrium Condition
Net Foreign Assets
nominal
Nominal Exchange Rate
non-traded
Non-traded Goods
open economy modelling
Overidentifying Restrictions
Portfolio Balance Model
purchasing power parity puzzle
real
Real Exchange Rate
Real Exchange Rate Volatility
Real Interest Differential
speculative attack theory
Sticky Price Monetary Model
Target Zone Model
UK Pound
vector
volatility
Product details
- ISBN 9780415125512
- Weight: 860g
- Dimensions: 156 x 234mm
- Publication Date: 15 Feb 2007
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Paperback
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First published in 2007. Exchange Rate Economics: Theories and Evidence is the second edition of Floating Exchange Rates: Theories and Evidence, and builds on the successful content and structure of the previous edition, but has been comprehensively updated and expanded to include additional literature on the determination of both fixed and floating exchange rates. Core topics covered include: • the purchasing power parity hypothesis and the PPP puzzle; • the monetary and portfolio-balance approaches to exchange rates; • the new open economy macroeconomics approach to exchange rates; and • the determination of exchange rates in target zone models and speculative attack models. Exchange Rate Economics: Theories and Evidence also includes extensive discussion of recent econometric work on exchange rates with a particular focus on equilibrium exchange rates and measuring exchange rate misalignment, as well as discussion on the non-fundamentals-based approaches to exchange rate behaviour, such as the market microstructure approach. The book will appeal to academics and postgraduate students with an interest in all aspects of international finance and will also be of interest to practitioners concerned with issues relating to equilibrium exchange rates and the forecastability of currencies in terms of macroeconomic fundamentals.
Ronald MacDonald is the Adam Smith Professor of Political Economy,
University of Glasgow
