Exchange Rate Economics - 2nd Edition

Name: Exchange Rate Economics - 2nd Edition
Brand: Taylor & Francis

Taylor & Francis

First published in 2007. Exchange Rate Economics: Theories and Evidence is the second edition of Floating Exchange Rates: Theories and Evidence, and builds on the successful content and structure of the previous edition, but has been comprehensively updated and expanded to include additional literature on the determination of both fixed and floating exchange rates. Core topics covered include: \u2022 the purchasing power parity hypothesis and the PPP puzzle; \u2022 the monetary and portfolio-balance approaches to exchange rates; \u2022 the new open economy macroeconomics approach to exchange rates; and \u2022 the determination of exchange rates in target zone models and speculative attack models. Exchange Rate Economics: Theories and Evidence also includes extensive discussion of recent econometric work on exchange rates with a particular focus on equilibrium exchange rates and measuring exchange rate misalignment, as well as discussion on the non-fundamentals-based approaches to exc.