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_d50336
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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
082 _a332.4562 MAC
100 _aRonald MacDonald
245 _aFloating exchange rates
_b: theories and evidence
_c/Ronald MacDonald
260 _aLondon
_b: Routledge
_c, ©2007.
300 _ax, 321 pages
_c;24 cm.
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.
700 _aRonald MacDonald
942 _cBOOK