On Exchange Rates

On Exchange Rates
Author :
Publisher : MIT Press
Total Pages : 468
Release :
ISBN-10 : 0262061546
ISBN-13 : 9780262061544
Rating : 4/5 (544 Downloads)

Book Synopsis On Exchange Rates by : Jeffrey A. Frankel

Download or read book On Exchange Rates written by Jeffrey A. Frankel and published by MIT Press. This book was released on 1993 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: These seventeen essays provide an accessible and thorough reference for understanding the role of exchange rates in the international monetary system since 1973, when the rates were allowed to float. The essays analyze such issues as exchange rate movements, exchange risk premia, investor expectations of exchange rates and behavior of exchange rates in different systems. Frankel's sound empirical treatment of exchange rate questions shows that it is possible to produce work that is interesting from a purely intellectual viewpoint while contributing to practical knowledge of the real world of international economics and finance.The essays have been organized in a way that provides an introduction to the field of empirical international finance. Part I documents the steady reduction in barriers to international capital movement and leads logically to part II, which explains how exchange rates are determined. Both monetary and portfolio-based models are surveyed in part II, providing a clear transition to the topic of part III; the possible existence of an exchange risk premium. Part IV applies the tools discussed in earlier sections to explore various policy questions related to exchange rate expectations such as whether foreign exchange intervention matters and whether the European monetary system had become credible by 1991. Each part begins with a detailed introduction explaining not only the central issues of that section but also suggesting connections with other essays in the book.Jeffrey A. Frankel is Professor of Economics at the University of California, Berkeley.

On Exchange Rates Related Books

On Exchange Rates
Language: en
Pages: 468
Authors: Jeffrey A. Frankel
Categories: Business & Economics
Type: BOOK - Published: 1993 - Publisher: MIT Press

GET EBOOK

These seventeen essays provide an accessible and thorough reference for understanding the role of exchange rates in the international monetary system since 1973
Handbook of Exchange Rates
Language: en
Pages: 674
Authors: Jessica James
Categories: Business & Economics
Type: BOOK - Published: 2012-05-29 - Publisher: John Wiley & Sons

GET EBOOK

Praise for Handbook of Exchange Rates “This book is remarkable. I expect it to become the anchor reference for people working in the foreign exchange field.�
Exchange-rate Dynamics
Language: en
Pages: 0
Authors: Martin D. D. Evans
Categories: Foreign exchange market
Type: BOOK - Published: 2011 - Publisher:

GET EBOOK

Variations in the foreign exchange market influence all aspects of the world economy, and understanding these dynamics is one of the great challenges of interna
Changes in Exchange Rates in Rapidly Developing Countries
Language: en
Pages: 466
Authors: Takatoshi Ito
Categories: Business & Economics
Type: BOOK - Published: 2007-12-01 - Publisher: University of Chicago Press

GET EBOOK

The exchange rate is a crucial variable linking a nation's domestic economy to the international market. Thus choice of an exchange rate regime is a central com
Flexible Exchange Rates for a Stable World Economy
Language: en
Pages: 301
Authors: Joseph E. Gagnon
Categories: Business & Economics
Type: BOOK - Published: 2011 - Publisher: Peterson Institute

GET EBOOK

Volatile exchange rates and how to manage them are a contentious topic whenever economic policymakers gather in international meetings. This book examines the b