Happy Holidays! Over 120,000 eBooks at just 19.99 each— Pick a favorite today

Advanced Studies in Theoretical and Applied Econometrics

Exchange Rate Modelling

Authors: MacDonald, Ronald, Marsh, Ian

Buy this book

eBook $84.99
price for USA (gross)
  • ISBN 978-1-4757-2997-9
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $259.00
price for USA
  • ISBN 978-0-7923-8668-1
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $109.00
price for USA
  • ISBN 978-1-4419-5113-7
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

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.

Table of contents (8 chapters)

  • Introduction

    MacDonald, Ronald (et al.)

    Pages 1-7

  • Spot and Forward Market Relationships

    MacDonald, Ronald (et al.)

    Pages 9-48

  • Purchasing Power Parity: Long and Short-Run Testing

    MacDonald, Ronald (et al.)

    Pages 49-77

  • The Monetary Approach to Exchange Rate Modelling

    MacDonald, Ronald (et al.)

    Pages 79-109

  • Modelling Departures from Purchasing Power Parity

    MacDonald, Ronald (et al.)

    Pages 111-143

Buy this book

eBook $84.99
price for USA (gross)
  • ISBN 978-1-4757-2997-9
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $259.00
price for USA
  • ISBN 978-0-7923-8668-1
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $109.00
price for USA
  • ISBN 978-1-4419-5113-7
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Loading...

Recommended for you

Loading...

Bibliographic Information

Bibliographic Information
Book Title
Exchange Rate Modelling
Authors
Series Title
Advanced Studies in Theoretical and Applied Econometrics
Series Volume
37
Copyright
1999
Publisher
Springer US
Copyright Holder
Springer Science+Business Media Dordrecht
eBook ISBN
978-1-4757-2997-9
DOI
10.1007/978-1-4757-2997-9
Hardcover ISBN
978-0-7923-8668-1
Softcover ISBN
978-1-4419-5113-7
Series ISSN
1570-5811
Edition Number
1
Number of Pages
XII, 222
Topics