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Exchange Rate Determination and Optimal Economic Policy Under Various Exchange Rate Regimes - Couverture souple
Synopsis
This book investigates the causes of the bad performance of many exchange rate models. A structural model of exchange rate determination is estimated in which expectations are proxied by means of rolling regressions. This model is used to determine the optimal way to peg a small European country's exchange rate to the Deutsche Mark.
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Exchange Rate Determination and Optimal Economic Policy under Various Exchange Rate Regimes.
Edité par
Berlin, Springer Berlin / Heidelberg, 1991
ISBN 10 : 3540540210
ISBN 13 : 9783540540212
Ancien ou d'occasion
Softcover
Vendeur : Antiquariat Bookfarm, Löbnitz, Allemagne
Évaluation du vendeur 5 sur 5 étoiles
Softcover. 280 S. Ehem. Bibliotheksexemplar mit Signatur und Stempel. GUTER Zustand, ein paar Gebrauchsspuren. Ex-library with stamp and library-signature. GOOD condition, some traces of use. 3540540210 Sprache: Englisch Gewicht in Gramm: 900. N° de réf. du vendeur 2347844
Quantité disponible : 1 disponible(s)
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Exchange Rate Determination and Optimal Economic Policy Under Various Exchange Rate Regimes (Lecture Notes in Economics and Mathematical Systems, 359)
Vendeur : Lucky's Textbooks, Dallas, TX, Etats-Unis
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Etat : New. N° de réf. du vendeur ABLIING23Mar3113020169865
Quantité disponible : Plus de 20 disponibles
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Exchange rate determination and optimal economic policy under various exchange rate regimes. (Lecture notes in economics and mathematical systems; 359). Ex-Library.
Edité par
Springer Verlag, Berlin, Germany., &c., 1991
ISBN 10 : 3540540210
ISBN 13 : 9783540540212
Ancien ou d'occasion
Softcover
Vendeur : Yushodo Co., Ltd., Fuefuki-shi, Yamanashi Pref., Japon
Évaluation du vendeur 5 sur 5 étoiles
Softcover. Etat : Good. No Jacket. vi, 270 p. N° de réf. du vendeur GU3483
Quantité disponible : 1 disponible(s)
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Exchange rate determination and optimal economic policy under various exchange rate regimes. (Lecture notes in economics and mathematical systems ; 359). Ex-Library.
Edité par
Springer Verlag, Berlin, Germany., &c., 1991
ISBN 10 : 3540540210
ISBN 13 : 9783540540212
Ancien ou d'occasion
Softcover
Vendeur : Yushodo Co., Ltd., Fuefuki-shi, Yamanashi Pref., Japon
Évaluation du vendeur 5 sur 5 étoiles
Softcover. Etat : Good. No Jacket. vi, 270 p. N° de réf. du vendeur GU3484
Quantité disponible : 1 disponible(s)
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Exchange Rate Determination and Optimal Economic Policy Under Various Exchange Rate Regimes (Lecture Notes in Economics and Mathematical Systems, 359)
Vendeur : Ria Christie Collections, Uxbridge, Royaume-Uni
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Etat : New. In. N° de réf. du vendeur ria9783540540212_new
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Exchange Rate Determination and Optimal Economic Policy Under Various Exchange Rate Regimes
Vendeur : Chiron Media, Wallingford, Royaume-Uni
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PF. Etat : New. N° de réf. du vendeur 6666-IUK-9783540540212
Quantité disponible : 10 disponible(s)
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Exchange Rate Determination and Optimal Economic Policy Under Various Exchange Rate Regimes
Edité par
Springer Berlin Heidelberg, Springer Berlin Heidelberg Jun 1991, 1991
ISBN 10 : 3540540210
ISBN 13 : 9783540540212
Neuf
Taschenbuch
Vendeur : BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, Allemagne
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Taschenbuch. Etat : Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -1.1 Some characteristics of the floating exchange rate system The flexible exchange rate system has functioned far less satisfactorily than many anticipated in 1973, when the major industrialized countries decided to let their currencies float. The dominant currencies' exchange rates have fluctuated more 1 than expected. These fluctuations concern both short-term movement- intraday fluctuations and movements during a week or a month - and long term changes that last for more than a year. Daily percentage changes of one percent are not unusual for the recent float (see MacDonald, 1988, p.8). However, the release of new information can give rise to much larger changes. For example in August 1987 'the dollar moved down 6 percent in two days based on the July trade figures' (Glynn, 1988, p. 36). For the period 1973-1985 MacDonald (1988, p.10) presents minimum and maximum monthly percentage exchange rate changes. These figures clearly illustrate the magnitude of the volatility and also show that the volatility has not diminished as the experience 2 with floating has increased. In addition to this volatility, exchange rates are also characterized by misalignment: 'persistent departure of the exchange rate from its long-run equilibrium' (Williamson, 1983, p.l3). Although the measure of misalignment depends upon the exact definition of the exchange rate's long-run equilibrium, there is a widespread feeling that during the greater part of the 1970s the dollar was undervalued, whereas it was overvalued during the first half of the 1980s. 284 pp. Englisch. N° de réf. du vendeur 9783540540212
Quantité disponible : 2 disponible(s)
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Exchange Rate Determination and Optimal Economic Policy Under Various Exchange Rate Regimes
Vendeur : Books Puddle, New York, NY, Etats-Unis
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Etat : New. pp. 284. N° de réf. du vendeur 26101395718
Quantité disponible : 4 disponible(s)
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Exchange Rate Determination and Optimal Economic Policy Under Various Exchange Rate Regimes
impression à la demandeVendeur : Majestic Books, Hounslow, Royaume-Uni
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Etat : New. Print on Demand pp. 284 6:B&W 8.25 x 11 in or 280 x 210 mm Perfect Bound on White w/Gloss Lam. N° de réf. du vendeur 108827353
Quantité disponible : 4 disponible(s)
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Exchange Rate Determination and Optimal Economic Policy Under Various Exchange Rate Regimes
impression à la demandeVendeur : Biblios, Frankfurt am main, HESSE, Allemagne
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Etat : New. PRINT ON DEMAND pp. 284. N° de réf. du vendeur 18101395724
Quantité disponible : 4 disponible(s)