The Economics of Exchange Rates
Autor Lucio Sarno, Mark P. Taylor Cuvânt înainte de Jeffery A. Frankelen Limba Engleză Paperback – 8 ian 2003
Preț: 565.09 lei
Preț vechi: 634.94 lei
-11% Nou
Puncte Express: 848
Preț estimativ în valută:
108.14€ • 112.67$ • 89.92£
108.14€ • 112.67$ • 89.92£
Carte tipărită la comandă
Livrare economică 11-25 februarie 25
Preluare comenzi: 021 569.72.76
Specificații
ISBN-13: 9780521485845
ISBN-10: 0521485843
Pagini: 327
Ilustrații: 10 figures
Dimensiuni: 170 x 244 x 20 mm
Greutate: 0.61 kg
Editura: Cambridge University Press
Colecția Cambridge University Press
Locul publicării:Cambridge, United Kingdom
ISBN-10: 0521485843
Pagini: 327
Ilustrații: 10 figures
Dimensiuni: 170 x 244 x 20 mm
Greutate: 0.61 kg
Editura: Cambridge University Press
Colecția Cambridge University Press
Locul publicării:Cambridge, United Kingdom
V-ar putea interesa
-
Financial EconomicsJürgen Eichberger-28%Preț: 406.02 lei560.95 lei -
Regulating Finance: Balancing Freedom and RiskTommaso Padoa-Schioppa-34%Preț: 815.73 lei1240.19 lei -
Exchange Rate Policies in Emerging Asian CountriesStefan Collignon-25%Preț: 746.22 lei995.51 lei -
Monetary Policy and the Development of Money MarketsJ.S.G. Wilson-34%Preț: 1183.77 lei1791.64 lei -
Purchasing Power Parity and Real Exchange RatesMark P. TaylorPreț: 407.88 lei -
The Applied Economics of Weight and ObesityMark P. Taylor-18%Preț: 982.25 lei1197.87 lei -
Preț: 281.54 lei -
Blockchain UnchainedTatro, Paul A.Preț: 174.31 lei -
-15%Preț: 575.43 lei676.98 lei -
Developments in Macro-Finance Yield Curve ModellingJagjit S. ChadhaPreț: 425.05 lei -
On the Origins of MoneyCarl MengerPreț: 37.65 lei -
Soft Currency Economics IIMR Warren MoslerPreț: 99.34 lei -
Investing WiselyFhilcar FaunillanPreț: 54.08 lei -
Credit Repair BibleMR John D. HarrisPreț: 128.68 lei -
Die Bitcoin BibelDr Philipp GiesePreț: 94.54 lei -
52 Weeks to Fall in Love with Your MoneyFort-Kelly, AprylPreț: 62.49 lei -
Social Democracy and Monetary UnionTon Notermans-23%Preț: 738.86 lei959.56 lei -
BitcoinBernstein, Tim JosephPreț: 83.65 lei -
Cryptocurrency PrimerBernstein, Tom JosephPreț: 85.26 lei
Cuprins
1. Introduction; 2. Foreign exchange market efficiency; 3. Purchasing power parity and the real exchange rate; 4. Exchange rate determination: theories and evidence; 5. New open economy macroeconomics; 6. Currency unions, pegged exchange rates, and target zone models; 7. Official intervention in the foreign exchange market; 8. Models of currency crisis and speculative attack; 9. Foreign exchange market microstructure.
Recenzii
'Sarno and Taylor's book is a tour de force. The exposition is comprehensive, covering contributions from all corners of the field, and covering the range from the seminal models of the 1970s to the latest discoveries on the theoretical and econometric frontiers of the 2000s. There is no excess verbiage or mathematics. Everything is there to serve a purpose. This is the current state of knowledge.' Jeffrey A. Frankel, Harvard University
'This is a text around which one can build a fine graduate-level course in international finance. The material in this text fits the needs of scholars for a state-of-the-art coverage of the best thinking on exchange rate economics. With topics like New open-economy macroeconomics and Official intervention in the foreign exchange market it should be clear that this book is broad in its scope and delves deeply into the area going well beyond the determinants of exchange rates. The authors pay careful attention to pedagogy with patient, in-text explanations of technical details like Ito's Lemma and excellent appendices on related issues, including Jensen's inequality and GMM estimators. The patient and detailed explanations of technical issues related to the core topics make the book self-contained. The authors have been on the frontiers of research in this area, and this new text clearly reflects their mastery of the subject. I highly recommend this text to both students and scholars of international finance.' Michael Melvin, Arizona State University
'This is a superb volume that should and will be featured on reading lists for years to come. It will also be valued by market participants, policymakers, and their staffs. This is because the book is very well written and brings a focus and organization to the subject that draws on the decades of experience and contributions of the authors. I especially value the synthesis of the empirical and theoretical literatures on exchange rate determination, market efficiency, the new open economy macroeconomics as well as the up to date discussion on the economics and econometrics of exchange rate forecastability. The Economics of Exchange Rates is the first essential volume on this subject in a decade' Richard Clarida, Columbia University, NBER and CEPR
'This book is a breath of fresh air. It's current. It's comprehensive. It's going to be a delight to teach from. I look forward to its success.' Richard Lyons, University of California, Berkeley
'Sarno and Taylor develop carefully all the exchange-rate research issues of the last 20 years - from historical background through modern-methods applications up to empirical results. The Economics of Exchange Rates will be indispensable on the bookshelves of academics and international policymakers.' Robert P Flood, Editor, IMF Staff Papers
'This is a text around which one can build a fine graduate-level course in international finance. The material in this text fits the needs of scholars for a state-of-the-art coverage of the best thinking on exchange rate economics. With topics like New open-economy macroeconomics and Official intervention in the foreign exchange market it should be clear that this book is broad in its scope and delves deeply into the area going well beyond the determinants of exchange rates. The authors pay careful attention to pedagogy with patient, in-text explanations of technical details like Ito's Lemma and excellent appendices on related issues, including Jensen's inequality and GMM estimators. The patient and detailed explanations of technical issues related to the core topics make the book self-contained. The authors have been on the frontiers of research in this area, and this new text clearly reflects their mastery of the subject. I highly recommend this text to both students and scholars of international finance.' Michael Melvin, Arizona State University
'This is a superb volume that should and will be featured on reading lists for years to come. It will also be valued by market participants, policymakers, and their staffs. This is because the book is very well written and brings a focus and organization to the subject that draws on the decades of experience and contributions of the authors. I especially value the synthesis of the empirical and theoretical literatures on exchange rate determination, market efficiency, the new open economy macroeconomics as well as the up to date discussion on the economics and econometrics of exchange rate forecastability. The Economics of Exchange Rates is the first essential volume on this subject in a decade' Richard Clarida, Columbia University, NBER and CEPR
'This book is a breath of fresh air. It's current. It's comprehensive. It's going to be a delight to teach from. I look forward to its success.' Richard Lyons, University of California, Berkeley
'Sarno and Taylor develop carefully all the exchange-rate research issues of the last 20 years - from historical background through modern-methods applications up to empirical results. The Economics of Exchange Rates will be indispensable on the bookshelves of academics and international policymakers.' Robert P Flood, Editor, IMF Staff Papers
Descriere
Presents recent developments in theory and empirics of exchange rate economics.