The economics of exchange rates selected studies

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 pract...

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Bibliographic Details
Main Author: Frenkel, Jacob A.
Other Authors: Johnson, Harry G.
Format: eBook
Language:English
Published: London Routledge 2013
Series:Collected works of Harry G. Johnson
Subjects:
Online Access:
Collection: O'Reilly - Collection details see MPG.ReNa
Table of Contents:
  • Includes bibliographical references and index
  • Ch. 1. A monetary approach to the exchange rate : doctrinal aspects and empirical evidence / by Jacob A. Frenkel
  • ch. 2. The theory of flexible exchange rate regimes and macroeconomic policy / by Rudiger Dornbusch
  • ch. 3. The exchange rate, the balance of payments, and monetary and fiscal policy under a regime of controlled floating / by Michael Mussa
  • ch. 4. Contracting and spurious deviations from purchasing-power parity / by Stephen P. Magee
  • ch. 5. Rational expectations and the exchange rate / by John F.O. Bilson
  • ch. 6. An empirical analysis of the monetary approach to the determination of the exchange rate / by Robert J. Hodrick
  • ch. 7. Exchange restrictions and the monetary approach to the exchange rate / by Mario I. Blejer
  • ch. 8. Tests of forecasting models and market efficiency in the international money market / by Richard M. Levich
  • ch. 9. Risk, information, and forward exchange rates / by Alan C. Stockman
  • ch. 10. A stock adjustment approach to monetary policy and the balance of payments / by Junichi Ujiie
  • ch. 11. Devaluation in an empirical general equilibrium model / by Kenneth W. Clements