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Synopsis
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Présentation de l'éditeur
The flotation of exchange rates in the early 1970s saw a significant increase in the importance of foreign exchange markets and in the interest shown in them. Apart from the consequent institutional changes, this period also witnessed a revolution in macroeconomic analysis and finance theory based on the concept of rational expectations. This book provides an integrated approach to recent developments in the understanding of foreign exchange markets. It begins by charting the institutional background and looks at the recent history of movements in some of the major exchange rates. The theoretical sections focus on the economic and finance theory of the asset market approach, the macroeconomic models developed from this approach, and on interest rate parity theory. The empirical chapters draw on the authors' own research from a high quality set of exchange rate and interest rate data. The statistical properties of exchange rates are analysed; the relationship between spot and forward rates is examined; and the modelling and impact of new information on the forward and spot relationship is considered. The final chapter is devoted to the estimation and testing of exchange rate models.
Revue de presse
"This well written and sophisticated book reviews the theoretical and empirical literature concerned with the determination of exchange rates." Herbert G. Grubel, Journal of Economic Literature
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- ÉditeurCambridge University Press
- Date d'édition1990
- ISBN 10 0521396905
- ISBN 13 9780521396905
- ReliureBroché
- Nombre de pages274
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Foreign Exchange Market: Theory and Econometric Evidence
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The Foreign Exchange Market: Theory and Econometric Evidence
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The Foreign Exchange Market: Theory and Econometric Evidence
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ISBN 13 : 9780521396905
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The Foreign Exchange Market: Theory And Econometric Evidence
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ISBN 13 : 9780521396905
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The Foreign Exchange Market: Theory and Econometric Evidence
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ISBN 10 : 0521396905
ISBN 13 : 9780521396905
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The Foreign Exchange Market: Theory And Econometric Evidence
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The foreign exchange market. theory and econometric evidence.
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The Foreign Exchange Market: Theory and Econometric Evidence
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Cambridge University Press, 1990
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ISBN 13 : 9780521396905
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The Foreign Exchange Market: Theory And Econometric Evidence
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Cambridge University Press, 1990
ISBN 10 : 0521396905
ISBN 13 : 9780521396905
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Soft cover. Etat : Fine. 1st Edition. First paperback edition. Softcover volume, measuring approximately 6.25" x 9.25", is in fine condition. Binding is sound. Pages are clean and bright. Illustrated with graphs and tables. xiii/259 pages. The flotation of exchange rates in the early 1970s saw an increase in the importance of foreign exchange markets and in the interest shown in them. It also witnessed a revolution in macroeconomic analysis and finance theory based on the concept of rational expectations. This book provides an integrated approach to recent developments in the understanding of these markets. N° de réf. du vendeur ABE-1600139113058
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The Foreign Exchange Market: Theory and Econometric Evidence
Edité par
Cambridge University Press, 1990
ISBN 10 : 0521396905
ISBN 13 : 9780521396905
Ancien ou d'occasion
Couverture souple
Vendeur : Irish Booksellers, Portland, ME, Etats-Unis
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