The Monetary Theory of Flexible Exchange Rates: Microeconomic Underpinning and Empirical Study - Couverture souple

Kim, In-su

 
9783261046437: The Monetary Theory of Flexible Exchange Rates: Microeconomic Underpinning and Empirical Study
Couverture souple
ISBN 10 : 3261046430 ISBN 13 : 9783261046437
Editeur : Peter Lang AG, 1979

Synopsis

This book deals with three topics in the monetary theory of flexible exchange rates: the theoretical clarification of the monetary approach to exchange rate determination, the macroeconomic analysis of the impact of monetary policy and international (real and monetary) disturbances under flexible exchange rates, and the empirical test on the role of monetary factors in exchange rate determination. The macro-economic analysis focuses on the dynamic adjustment of the exchange rate, domestic price, the balance of trade, etc., using a small open economy model. For the empirical test, a reduced form equation for exchange rate determination, together with a government intervention function, is estimated by using quarterly data for Canada in the 1950's and 1970's.

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

Éditeur
Peter Lang AG
Date d'édition
1979
Langue
anglais
ISBN 10 
3261046430
ISBN 13 
9783261046437
Reliure
Broché
Nombre de pages
202
Coordonnées du fabricant
non disponible
Personne responsable
non disponible