The Economics of Exchange Rates / Edition 1

The Economics of Exchange Rates / Edition 1

by Lucio Sarno, Mark P. Taylor
     
 

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ISBN-10: 0521485843

ISBN-13: 9780521485845

Pub. Date: 03/28/2003

Publisher: Cambridge University Press

This book is a survey of exchange-rate economics. Using the latest econometric techniques, it covers the main theories that explain the determination of exchange rates and utilizes recent empirical data on exchange rate behavior.

Overview

This book is a survey of exchange-rate economics. Using the latest econometric techniques, it covers the main theories that explain the determination of exchange rates and utilizes recent empirical data on exchange rate behavior.

Product Details

ISBN-13:
9780521485845
Publisher:
Cambridge University Press
Publication date:
03/28/2003
Edition description:
New Edition
Pages:
330
Product dimensions:
6.85(w) x 9.72(h) x 1.10(d)

Table of Contents

1. Introduction; 2. Foreign exchange market efficiency; 3. Purchasing power parity and the real exchange rate; 4. Exchange rate determination: theories and evidence; 5. New open economy macroeconomics; 6. Currency unions, pegged exchange rates, and target zone models; 7. Official intervention in the foreign exchange market; 8. Models of currency crisis and speculative attack; 9. Foreign exchange market microstructure.

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