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Exchange Rate Modelling

Language EnglishEnglish
Book Hardback
Book Exchange Rate Modelling Ronald MacDonald
Libristo code: 01397750
Publishers Springer, November 1999
Are foreign exchange markets efficient? Are fundamentals important for predicting exchange rate move... Full description
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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.

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About the book

Full name Exchange Rate Modelling
Author Ronald MacDonald, Ian Marsh
Language English
Binding Book - Hardback
Date of issue 1999
Number of pages 222
EAN 9780792386681
ISBN 079238668X
Libristo code 01397750
Publishers Springer
Weight 1140
Dimensions 156 x 234 x 18

Categories

Economics, Finance, Business & Management > Economics > Macroeconomics > Monetary economics
Economics, Finance, Business & Management > Economics > Econometrics & economic statistics
Economics, Finance, Business & Management > Economics > International economics
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