Equilibrium Exchange Rates

Language: English

Published by Springer, 2012

9401058962 / 9789401058964

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Druck auf Anfrage Neuware - Printed after ordering - How successful is PPP, and its extension in the monetary model, as a measure of the equilibrium exchange rate What are the determinants and dynamics of equilibrium real exchange rates How can misalignments be measured, and what are their causes What are the effects of specific policies upon the equilibrium exchange rate The answers to these questions are important to academic theorists, policymakers, international bankers and investment fund managers. This volume encompasses all of the competing views of equilibrium exchange rate determination, from PPP, through other reduced form models, to the macroeconomic balance approach. This volume is essentially empirical: what do we know about exchange rates The different econometric and theoretical approaches taken by the various authors in this volume lead to mutually consistent conclusions. This consistency gives us confidence that significant progress has been made in understanding what are the fundamental determinants of exchange rates and what are the forces operating to bring them back in line with the fundamentals.…

Seller Inventory # 9789401058964

Title
Equilibrium Exchange Rates
Author
Jerome L. Stein
Publisher
Springer
Publication year
2012
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
9401058962
ISBN 13
9789401058964
Item weight
552 grams
Dimensions
235x155x20 mm

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