The Economics of Exchange Rates (Collected Works of Harry Johnson)

Selected Studies
Herausgeber: Frenkel, Jacob A; Johnson, Harry G

• Gebundenes Buch

Produktbeschreibung

The studies in this book deal with the determination of foreign exchange rates and the characteristics of the foreign exchange market. Analysis is made of flexible exchange rates through an approach developed by the authors, called the 'asset-market approach'. Theory is combined with practical application in a clear concise way that will be understood by readers with a basic understanding of economics.

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Produktdetails

• Verlag: Taylor & Francis
• Seitenzahl: 222
• Erscheinungstermin: 15. März 2013
• Englisch
• Abmessung: 234mm x 156mm x 14mm
• Gewicht: 513g
• ISBN-13: 9780415838979
• ISBN-10: 0415838975
• Artikelnr.: 36933664

Autorenporträt

Multivolume collection by leading authors in the field

Inhaltsangabe

1. A Monetary Approach to the Exchange Rate: Doctrinal Aspects and
Empirical Evidence 2. The Theory of Flexible Exchange Rate Regimes and
Macroeconomic Policy 3. The Exchange Rate, the Balance of Payments and
Monetary and Fiscal policy Under a Regime of Controlled Floating 4.
Contracting and Spurious Deviations From Purchasing-Power Parity 5.
Rational Expectations and the Exchange Rate 6. An Empirical Analysis of the
Monetary Approach to the Determination of the Exchange Rate 7. Exchange
Restrictions and the Monetary Approach to the Exchange Rate 8. Tests of
Forecasting Models and Market Efficiency in the International Money Market
9. Risk, Information and Forward Exchange Rates 10. A Stock Adjustment
Approach to Monetary Policy and the Balance of Payments 11. Devaluation in
an Empirical General Equilibrium Model.