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Equilibrium Exchange Rates

-15% su kodu: ENG15
215,97 
Įprasta kaina: 254,08 
-15% su kodu: ENG15
Kupono kodas: ENG15
Akcija baigiasi: 2025-03-03
-15% su kodu: ENG15
215,97 
Įprasta kaina: 254,08 
-15% su kodu: ENG15
Kupono kodas: ENG15
Akcija baigiasi: 2025-03-03
-15% su kodu: ENG15
2025-02-28 254.0800 InStock
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Knygos aprašymas

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.

Informacija

Serija: Recent Economic Thought
Leidėjas: Springer Netherlands
Išleidimo metai: 1999
Knygos puslapių skaičius: 364
ISBN-10: 0792384245
ISBN-13: 9780792384243
Formatas: 241 x 160 x 25 mm. Knyga kietu viršeliu
Kalba: Anglų

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