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Item Details
| Title:
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EXCHANGE RATE MODELLING
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| By: |
Ronald MacDonald, Ian Marsh |
| Format: |
Hardback |
| List price:
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£171.00 |
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We currently do not stock this item, please contact the publisher directly for
further information.
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| ISBN 10: |
079238668X |
| ISBN 13: |
9780792386681 |
| Publisher: |
SPRINGER |
| Edition: |
1999 ed. |
| Series: |
Advanced Studies in Theoretical and Applied Econometrics 37 |
| Pages: |
222 |
| Description: |
A survey of thinking on key topics in exchange rate economics, supplemented throughout by new empirical evidence. The focus is on the use of advanced econometric tools to find answers to these and other questions which are important to practitioners, policy-makers and academic economists. |
| Synopsis: |
Are foreign exchange markets efficient? Are fundamentals important for predicting exchange rate movements? What is the signal-to-ratio of high frequency exchange rate changes? Is it possible to define a measure of the equilibrium exchange rate that is useful from an assessment perspective? The book is a selective survey of current thinking on key topics in exchange rate economics, supplemented throughout by new empirical evidence. The focus is on the use of advanced econometric tools to find answers to these and other questions which are important to practitioners, policy-makers and academic economists. In addition, the book addresses more technical econometric considerations such as the importance of the choice between single-equation and system-wide approaches to modelling the exchange rate, and the reduced form versus structural equation problems. Readers will gain both a comprehensive overview of the way macroeconomists approach exchange rate modelling, and an understanding of how advanced techniques can help them explain and predict the behavior of this crucial economic variable. |
| Illustrations: |
XII, 222 p. |
| Publication: |
Netherlands |
| Imprint: |
Springer |
| Returns: |
Returnable |
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