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E-book

Title The economics of exchange rates : selected studies / edited by Jacob A. Frenkel and Harry G. Johnson
Published London ; New York : Routledge, 2013

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Description 1 online resource
Series Collected works of Harry G. Johnson ; v. 8
Johnson, Harry G. (Harry Gordon), 1923-1977. Works. 2013 ; v. 8
Contents 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
Summary 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 practical application in a clear concise way that will be understood by readers with a basic understanding of economics
Notes Originally published in 1978
Bibliography Includes bibliographical references and index
Notes Print version record
Subject Foreign exchange rates.
BUSINESS & ECONOMICS -- Foreign Exchange.
Foreign exchange rates
Form Electronic book
Author Frenkel, Jacob A.
Johnson, Harry G. (Harry Gordon), 1923-1977.
ISBN 9781135039479
113503947X
9780203776179
0203776178
9781135039455
1135039453
9781135039462
1135039461
9780415825498
0415825490
9780203497234
0203497236