Exchange Rates And International Finance. 3rd Edition - Couverture souple

Copeland, Laurence-S

 
9780201398502: Exchange Rates And International Finance. 3rd Edition

Synopsis

Exchange rates and exchange rate fluctuations play an increasingly important role in all of our lives. Exchange and International Finance provides a clear and concise guide to the causes and consequences of exchange rate fluctuations and will enable readers to grasp the essentials of exchange rate theory and its relevance to major events in currency markets. The orientation of the book is towards exchange rate determination with particular emphasis given to the contributions of modem finance theory. Both fixed and floating exchange rate models and empirical results are explored and discussed. Written in a clear and concise style and thoroughly updated in its third edition, this successful text continues to make exchange rate theories, models, causes and consequences accessible to a broad readership. The new edition references appropriate web sites throughout, which co-ordinate with the book's own companion website at www.booksites.net/copeland.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Quatrième de couverture

The international landscape of the world economy changes with each edition of Exchange Rates and International Finance. None more so, however, than with publication of the fifth edition at a time when the world is moving away from dollar and Euro domination and newly- important currencies begin to emerge in new markets.

Acclaimed for its clarity, Exchange Rates and International Finance 5th edition, provides an approachable guide to the causes and consequences of exchange rate fluctuations, enabling you to grasp the essentials of the theory and its relevance to these major events in currency markets.

The orientation of the book remains towards exchange rate determination, with particular emphasis given to the contributions of modern finance theory. Both fixed and floating exchange rate models and empirical results are explored and discussed.

Retaining classic features built up over the years such as a clear, non-technical explanation of the issues and a focus on intuitive understanding and interpretation of economic arguments rather than mathematical rigour, the fifth edition has been thoroughly updated to reflect recent events on the monetary/financial scene including:   

KEY FEATURES OF THE FIFTH EDITION

  • Coverage of leading edge material with a new chapter 14 on microstructure models.
  • New developments in market efficiency and rational expectations explored in chapter 12.  
  • A balanced summary of the most recent research including explanations of the problems faced by researchers in this field, and an indication of what questions remain open.
  • Provides a sound overview of empirical evidence, without going into intricate detail, enabling the reader to understand the economic argument in the published literature, even if the technicalities remain out of reach.

Suitable for those following a course on international finance, international macroeconomics, or international money as a part of an economics or business programme at advanced undergraduate, MBA or specialist Masters levels.

Laurence Copeland is Professor of Finance and Director of the Investment Management Research Unit at Cardiff University, UK.

Présentation de l'éditeur

The third edition of this successful text continues to make accessible the theories and models, causes and consequences of exchange rate fluctuations. Written in a clear and concise style Exchange Rates and International Finance will enable readers to grasp the essentials of exchange rate theory.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.