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Sinopsis
The flotation of exchange rates in the early 1970s saw an increase in the importance of foreign exchange markets and in the interest shown in them. It also witnessed a revolution in macroeconomic analysis and finance theory based on the concept of rational expectations. This book provides an integrated approach to recent developments in the understanding of these markets.
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Críticas
"This well written and sophisticated book reviews the theoretical and empirical literature concerned with the determination of exchange rates." Herbert G. Grubel, Journal of Economic Literature
Reseña del editor
The flotation of exchange rates in the early 1970s saw a significant increase in the importance of foreign exchange markets and in the interest shown in them. Apart from the consequent institutional changes, this period also witnessed a revolution in macroeconomic analysis and finance theory based on the concept of rational expectations. This book provides an integrated approach to recent developments in the understanding of foreign exchange markets. It begins by charting the institutional background and looks at the recent history of movements in some of the major exchange rates. The theoretical sections focus on the economic and finance theory of the asset market approach, the macroeconomic models developed from this approach, and on interest rate parity theory. The empirical chapters draw on the authors' own research from a high quality set of exchange rate and interest rate data. The statistical properties of exchange rates are analysed; the relationship between spot and forward rates is examined; and the modelling and impact of new information on the forward and spot relationship is considered. The final chapter is devoted to the estimation and testing of exchange rate models.
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- EditorialCambridge University Press
- Año de publicación1989
- ISBN 10 0521307619
- ISBN 13 9780521307611
- EncuadernaciónTapa dura
- Número de edición1
- Número de páginas274
EUR 4,20
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EUR 9,00
De Alemania a Estados Unidos de America
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The Foreign Exchange Market: Theory and Econometric Evidence
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Cambridge University Press, 1989
ISBN 10: 0521307619
ISBN 13: 9780521307611
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Librería: medimops, Berlin, Alemania
Calificación del vendedor: 5 de 5 estrellas
Condición: good. Befriedigend/Good: Durchschnittlich erhaltenes Buch bzw. Schutzumschlag mit Gebrauchsspuren, aber vollständigen Seiten. / Describes the average WORN book or dust jacket that has all the pages present. Nº de ref. del artículo: M00521307619-G
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The Foreign Exchange Market: Theory and Econometric Evidence
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Cambridge University Press, Cambridge / New York., 1989
ISBN 10: 0521307619
ISBN 13: 9780521307611
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Librería: Tiber Books, Cockeysville, MD, Estados Unidos de America
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Hardcover. Condición: Very Good. 8vo, hardcover. Near fine condition in vg+ dj. Prev. owner's name, else contents bright & clean, binding tight; dj has small nick at upper spine. xiii, 259 p. Nº de ref. del artículo: 1031031.42
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The Foreign Exchange Market. Theory and Econometric Evidence.
Publicado por
Cambridge University Press, 1989
ISBN 10: 0521307619
ISBN 13: 9780521307611
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Librería: Plurabelle Books Ltd, Cambridge, Reino Unido
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Hardcover. Condición: Very Good. 259p hardback with green laminated jacket, as new, pages clean with charts, bibliography and index, very good Language: English. Nº de ref. del artículo: 81173
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The Foreign Exchange Market. Theory And Econometric Evidence.
ISBN 10: 0521307619
ISBN 13: 9780521307611
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Librería: Oast Park Books, Southend -on- Sea, ESSEX, Reino Unido
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1989. Cambridge University Press. Hardback. Book - Good. DJ - Good. Ex-lib. Nº de ref. del artículo: 35575
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