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Exchange Rate Volatility, Trade, And Capital Flows Under Alternative Exchange Rate Regimes
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Exchange Rate Volatility, Trade, And Capital Flows Under Alternative Exchange Rate Regimes - neues Buch

ISBN: 9780521562942

ID: 11975232

Recent years have seen a substantial increase in the volatility of exchange rates. This trend has prompted economists and finance analysts to question if the observed behaviour of exchange rates is consistent with a rational model. Does that volatility hinder trade? What are financial markets' effects on countries' investment decisions, and how would changes in fixed exchange rates affect. Recent years have seen a substantial increase in the volatility of exchange rates. This trend has prompted economists and finance analysts to question if the observed behaviour of exchange rates is consistent with a rational model. Does that volatility hinder trade? What are financial markets' effects on countries' investment decisions, and how would changes in fixed exchange rates affect growth and welfare? What are the requirements to make such changes feasible? Professors Sercu and Uppal examine these issues in the context of dynamic general equilibrium models, explicitly considering the role of financial markets while allowing for commodity markets to be segmented across countries. They show that the theoretical models for exchange rates in this context are quite different from those put forth by monetary theorists and proponents of purchasing power parity arguments. Books, Business, Finance and Law~~Economics~~Macroeconomics, Exchange Rate Volatility, Trade, And Capital Flows Under Alternative Exchange Rate Regimes~~Book~~9780521562942~~Raman Uppal, Piet Sercu, , , , , , , , , ,, [PU: Cambridge University Press]

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Exchange Rate Volatility, Trade, and Capital Flows Under Alternative Exchange Rate Regimes - neues Buch

2000, ISBN: 9780521562942

ID: 692302462

Recent years have seen a substantial increase in the volatility of exchange rates. This trend has prompted economists and finance analysts to question if the observed behaviour of exchange rates is consistent with a rational model. Does that volatility hinder trade? What are financial markets´ effects on countries´ investment decisions, and how would changes in fixed exchange rates affect growth and welfare? What are the requirements to make such changes feasible? Professors Sercu and Uppal examine these issues in the context of dynamic general equilibrium models, explicitly considering the role of financial markets while allowing for commodity markets to be segmented across countries. They show that the theoretical models for exchange rates in this context are quite different from those put forth by monetary theorists and proponents of purchasing power parity arguments. Exchange Rate Volatility, Trade, and Capital Flows Under Alternative Exchange Rate Regimes Bücher > Fremdsprachige Bücher > Englische Bücher gebundene Ausgabe 01.06.2000, Cambridge University Press, .200

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Exchange Rate Volatility, Trade, and Capital Flows Under Alternative Exchange Rate Regimes - Sercu, Piet / Uppal, Raman / Sato, Ryzuo
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Exchange Rate Volatility, Trade, and Capital Flows Under Alternative Exchange Rate Regimes - gebrauchtes Buch

ISBN: 9780521562942

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Recent years have seen a substantial increase in the volatility of exchange rates. This trend has prompted economists and finance analysts to question if the observed behavior of exchange rates is consistent with a rational model. Does that volatility, further, hinder trade? Professors Sercu and Uppal examine these issues in the context of dynamic general equilibrium models, explicitly considering the role of financial markets while allowing for commodity markets to be segmented across countries. They show that the implications of the theoretical model for exchange rates in this context are quite different from those put forth by monetary theorists and proponents of purchasing power parity arguments. Exchange Rate Volatility, Trade, and Capital Flows Under Alternative Exchange Rate Regimes Sercu, Piet / Uppal, Raman / Sato, Ryzuo, Cambridge University Press

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Exchange Rate Volatility, Trade, and Capital Flows Under Alternative Exchange Rate Regimes (Japan-Us Center Ufj Bank Monographs on International Financial Markets) - Sercu, Piet, Uppal, Raman
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Exchange Rate Volatility, Trade, and Capital Flows Under Alternative Exchange Rate Regimes (Japan-Us Center Ufj Bank Monographs on International Financial Markets) - gebunden oder broschiert

2000, ISBN: 9780521562942

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Exchange Rate Volatility, Trade, and Capital Flows Under Alternative Exchange Rate Regimes
Autor:

Sercu, Piet; Uppal, Raman

Titel:

Exchange Rate Volatility, Trade, and Capital Flows Under Alternative Exchange Rate Regimes

ISBN-Nummer:

9780521562942

Recent years have seen a substantial increase in the volatility of exchange rates. This trend has prompted economists and finance analysts to question if the observed behaviour of exchange rates is consistent with a rational model. Does that volatility hinder trade? What are financial markets' effects on countries' investment decisions, and how would changes in fixed exchange rates affect growth and welfare? What are the requirements to make such changes feasible? Professors Sercu and Uppal examine these issues in the context of dynamic general equilibrium models, explicitly considering the role of financial markets while allowing for commodity markets to be segmented across countries. They show that the theoretical models for exchange rates in this context are quite different from those put forth by monetary theorists and proponents of purchasing power parity arguments.

Detailangaben zum Buch - Exchange Rate Volatility, Trade, and Capital Flows Under Alternative Exchange Rate Regimes


EAN (ISBN-13): 9780521562942
ISBN (ISBN-10): 0521562945
Gebundene Ausgabe
Erscheinungsjahr: 2000
Herausgeber: CAMBRIDGE UNIV PR
172 Seiten
Gewicht: 0,363 kg
Sprache: eng/Englisch

Buch in der Datenbank seit 06.01.2007 03:49:38
Buch zuletzt gefunden am 30.10.2016 22:14:36
ISBN/EAN: 9780521562942

ISBN - alternative Schreibweisen:
0-521-56294-5, 978-0-521-56294-2

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