The Exchange Rate Environment

ISBN-13: 9781138723030 / Angielski / Miękka / 2018 / 306 str.

Simon Brooks; Keith Cuthbertson; David G. Mayes

Opis

This book offers an explanation of the role that exchange rates play in the economic system. Originally published in 1986.

Spis treści

Foreword 1. Introduction Part 1: Exchange Rate Determination: Theory and Evidence 2. The Spot Market, the Forward Market and the Capital Account 3. Theories of the Determination of the Forward Rate and Spot Capital Flows 4. International Monetary Models 5. Asset Markets, the Efficient Markets Hypothesis and ‘News’ Part 2: Alternative Exchange Rate Regimes 6. The Evolution of the Exchange Rate System Since the Second World War 7. The European Monetary System 8. Other Exchange Rate Regimes Part 3: The Exchange Rate and Economic Policy 9. The Exchange Rate and the Real Economy 10. Exchange Rate Policy and the Rate of Inflation 11. The Interactions of Exchange Rate Policy with other Policies 12. The Impact of Natural Resource Discovery on Exchange Rates: The Case of North Sea Oil Part 4: Forecasting 13. Forecasting the Exchange Rate – A Sceptical View

O autorze

Simon Brooks, Keith Cuthbertson, David G. Mayes