000 | 02272nam a22002297a 4500 | ||
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_c50336 _d50336 |
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005 | 20190415125653.0 | ||
008 | 181010b xxu||||| |||| 00| 0 eng d | ||
020 | _a9780415125512 | ||
028 |
_aAtlantic Publishers & Distributors (P)LTD. _b;7/22,Anasri Road, Daryaganj,New Delhi-110002 _c;1084053 _d;05/10/2018 |
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082 | _a332.4562 MAC | ||
100 | _aRonald MacDonald | ||
245 |
_aFloating exchange rates _b: theories and evidence _c/Ronald MacDonald |
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260 |
_aLondon _b: Routledge _c, ©2007. |
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300 |
_ax, 321 pages _c;24 cm. |
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365 | _b3339 | ||
505 | _a Cover; Half Title; Title; Copyright; Dedication; Contents; Preface; 1 Introduction: The Case for Flexible Exchange Rates and Some Stylized Facts from the Recent Experience with Floating Exchange Rates; 2 Some Basic Exchange Rate Concepts; Part 1: Theories; 3 The Mundell-Fleming Model and Some Extensions; 4 The Sticky-Price Monetary Model: Exchange Rate Overshooting and Exchange Rate Undershooting; 5 The Sticky-Price Monetary Model: Rational Expectations, Oil and Inflation; 6 The Exchange Rate as an Asset Price and the Flexible Price Monetary Approach to the Exchange Rate. 7 Monetary Currency Substitution Models and Wealth Dynamics8 The Portfolio Balance Approach to the Exchange Rate; Part 2: Evidence; 9 Some Econometric Evidence on Reduced-Form Asset Approach Exchange Rate Equations; 10 The Efficient Markets Hypothesis and the Forward Market for Foreign Exchange; 11 Spot Market Efficiency, Interest Parity and Purchasing Power Parity: Some Empirical Evidence; 12 The Role of New Information in Foreign Exchange Markets; Part 3: Topics; 13 Dual Exchange Rate Systems; 14 Foreign Exchange Market Intervention; 15 The Exchange Rate and the Wage-Price Nexus. 16 The Appreciation of the US Dollar, 1980-198517 Summary and Conclusions; References; Index. | ||
520 | _aIn summary, the book is valuable as a textbook both at the advanced undergraduate level and at the graduate level. It is also very useful for the economist who wants to be brought up-to-date on theoretical and empirical research on exchange rate behaviour.'' ""Journal of International Economics | ||
650 | _aSocial Sciences | ||
655 |
_aEconomics _bForeign exchange. |
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700 | _aRonald MacDonald | ||
942 | _cBOOK |