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Fundamental determinants of exchange rates

Author: Jerome L Stein
Publisher: Oxford : Oxford Univ. Press, 2004.
Series: Oxford Scholarship Online
Edition/Format:   Computer file : English

The Natural Real Exchange Rate model (NATREX) taken in this book explains the medium- to longer-term evolution of the real exchange rate and current account in terms of economic fundamentals. This  Read more...


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Material Type: Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Jerome L Stein
ISBN: 0198287992 9780198287995 0198293062 9780198293064
OCLC Number: 177351066
Notes: Digitalisat der Druck-Ausg. Oxford, 1998.
Description: Online-Ressource.
Contents: 1. The Economic and Policy Implications of the Natural Real Exchange Rate (NATREX) Models ; 2. The Natural Real Exchange Rate of the United States Dollar, and Determinants of Capital Flows ; 3. The Dynamics of the Real Exchange Rate and Foreign Debt in a Small Open Economy: The Case of Australia ; 4. The Natural Real Exchange Rate between the French Franc and the Deutsche Mark: Implications for Monetary Union ; 5. The Equilibrium Real Exchange Rate: Theory and Evidence for Latin America ; Appendix: International Finance Theory and Empirical Reality
Series Title: Oxford Scholarship Online
Responsibility: Jerome L. Stein ...


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Publisher Synopsis

Stein and associates have reopened a promising field of research. * J. Niehaus * This book greatly enhances our understanding of the behaviour of real exchange rates. * Peter Clark of the JMF *

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