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Exchange rate economics : theories and evidence

Author: Ronald MacDonald
Publisher: London ; New York : Routledge, 2007.
Series: Routledge studies in the modern world economy.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:

Provides literature on the determination of fixed and floating exchange rates. This work covers topics such as: the purchasing power parity hypotheses and the PPP puzzle; the monetary and  Read more...

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Genre/Form: Electronic books
Additional Physical Format: Print version:
MacDonald, Ronald.
Exchange rate economics.
London ; New York : Routledge, 2007
(DLC) 2006024052
(OCoLC)70673262
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Ronald MacDonald
ISBN: 9780203380185 0203380185 9781134801268 1134801262
OCLC Number: 122337365
Description: 1 online resource (xi, 450 pages) : illustrations.
Contents: Introduction : some basic concepts and stylised facts and the case for (and against) floating exchange rates --
Purchasing power parity and the PPP puzzle --
The economics of the PPP puzzle --
The flexible price monetary model --
The sticky price monetary model --
The monetary approach to the exchange rate : an empirical perspective --
Currency substitution models and the portfolio balance approach to the exchange rate --
Real exchange rate determination : theory and evidence --
Equilibrium exchange rates : measurement and misalignment --
The new open economy macroeconomics and exchange rate behaviour --
The new open economy macroeconomics model : pricing to market and exchange rate volatility redux --
The economics of fixed exchange rates, part 1: target zone models --
The economics of fixed exchange rates, part 2: speculative attack models and contagion --
The market microstructure approach to the foreign exchange market --
Spot and forward exchange rates and the forward premium puzzle.
Series Title: Routledge studies in the modern world economy.
Responsibility: Ronald MacDonald.
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