Exchange Rate Modelling

Name: Exchange Rate Modelling
Brand: Springer-Verlag New York Inc.
SKU: 9781441951137
Price: 826.09 RON
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Autor: Ronald MacDonald, Ian Marsh

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Editura: Springer-Verlag New York Inc.

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

Informații despre carte

Autor

Ronald MacDonald, Ian Marsh

Limbă

engleză

Legare

Carte - Carte broșată

Publicat

2010

Pagini

222

EAN

9781441951137

ISBN

144195113X

Enbook ID

01423461

Editura

Springer-Verlag New York Inc.

Greutate

382

Dimensiuni

150 x 237 x 15

Descriere completă

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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