Articles liés à Exchange Rates, Interest Rates and Commodity Prices

Exchange Rates, Interest Rates and Commodity Prices - Couverture rigide

 
9781840648430: Exchange Rates, Interest Rates and Commodity Prices
Couverture rigide
ISBN 10 : 1840648430 ISBN 13 : 9781840648430
Editeur : Edward Elgar Publishing Ltd, 2002

Synopsis

This book explores the key issues relating to links between exchange rate instability and domestic inflation, including real exchange rate and interest rate manifestations, and the co-variability of exchange rates and commodity prices. The common theme throughout is the behaviour of asset prices and interest rates in international markets.

A number of interrelated questions regarding the interactions of exchange rates, interest rates and commodity prices are posed:

  • Why is purchasing power parity invariably controversial?
  • Despite overwhelming evidence that sterilised central bank interventions are impotent, why do major industrialised countries (such as the G-7) continue to look for accords to stem exchange rate volatility?
  • Why are the currencies of resource-based economies depreciating when the commodity prices are holding up?
  • Has the link between exchange rates and commodity prices collapsed?
  • In a world of increasing globalisation, why are interest rate movements so poorly correlated across countries?

New insights to these and other fundamental questions in international finance are provided by way of empirical analyses. Whilst there remains much that is little understood, the conclusions concerning the validity of the theory of purchasing power parity are becoming more and more reliable.

This book is a must-read for graduate students, researchers and lecturers interested in finance, economics or business. Exchange Rates, Interest Rates and Commodity Prices will also appeal to policymakers.

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

À propos de l'auteur

Edited by Meher Manzur, Associate Professor, School of Business and Law, Edith Cowan University, Australia

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

Éditeur
Edward Elgar Publishing Ltd
Date d'édition
2002
Langue
anglais
ISBN 10 
1840648430
ISBN 13 
9781840648430
Reliure
Relié
Nombre de pages
232
Éditeur
Manzur Meher
Coordonnées du fabricant
non disponible
Personne responsable
non disponible