Exchange rate determination puzzle : long run behavior and short run dynamics / Falkmar Butgereit.

Format:

Book

Author/Creator:

Butgereit, Falkmar.

Language:

English

Subjects (All):

Foreign exchange rates.

Physical Description:

1 online resource (116 p.)

Edition:

1st ed.

Place of Publication:

Hamburg : Diplomica Verlag, 2010.

Language Note:

English

Summary:

Still after more than thirty years of free floating exchange rates, large parts of exchange rate dynamics remain a puzzle. As this book shows, much progress has been made in explaining exchange rate movements over longer horizons. It also shows, however, that short-run movements are far more challenging to explain. The book is based upon a variety of papers, many of them released recently. A key aspiration of the literature has always been not only to explain past exchange rate behavior but also to forecast out of sample and to compare it to the simple random walk outcome. Here some developmen

Contents:

Exchange Rate Determination Puzzle; Table of Contents; 1 Introduction; 2 Long-Run Exchange Rate Behavior; 3 Short-Run Exchange Rate Dynamics; 4 Spectral Analysis; 5 Conclusion; Appendix; References

Notes:

Title from cover.

Includes bibliographical references.

ISBN:

9783836645430

3836645432

OCLC:

679423865