Exchange Rate Modelling

Name: Exchange Rate Modelling
Brand: Springer
SKU: 9780792386681
Price: 149.45 EUR
Availability: InStock

Autor: Ronald MacDonald, Ian Marsh

Jazyk:

Väzba: Pevná

Vydavateľ: Springer

Dostupnosť: Skladom u dodávateľa

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149.45 €

Are foreign exchange markets efficient? Are fundamentals important for predicting exchange rate move...

Informácie o knihe

Autor

Ronald MacDonald, Ian Marsh

Jazyk

Angličtina

Väzba

Kniha - Pevná

Vydalo

1999

Stránok

222

EAN

9780792386681

ISBN

079238668X

Enbook ID

01397750

Vydavateľ

Springer

Hmotnosť

1140

Rozmery

156 x 234 x 18

Kompletný popis

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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