Exchange-rate dynamics / Martin D. D. Evans.

Format:

Book

Author/Creator:

Evans, Martin D. D., author.

Series:

Princeton series in international economics.

Princeton Series in International Economics

Language:

English

Subjects (All):

Foreign exchange rates.

Foreign exchange market.

Physical Description:

1 online resource (561 p.)

Place of Publication:

Princeton, N. J. : Princeton University Press, [2011]

Language Note:

English

Summary:

Variations in the foreign exchange market influence all aspects of the world economy, and understanding these dynamics is one of the great challenges of international economics. This book provides a new, comprehensive, and in-depth examination of the standard theories and latest research in exchange-rate economics. Covering a vast swath of theoretical and empirical work, the book explores established theories of exchange-rate determination using macroeconomic fundamentals, and presents unique microbased approaches that combine the insights of microstructure models with the macroeconomic forces.

Contents:

pt. I. Macro models.

1. Macro models without frictions

2. Macro models with frictions

3. Empirical macro models

pt. II. Microstructure models.

4. Rational expectations models

5. Sequential trade models

6. Currency-trading models

7. Currency-trading models : empirical evidence

8. Identifying order flow

pt. III. Micro-based models.

9. Order flows and the macroeconomy

10. Exchange rates, order flows, and macro data releases

11. Exchange-rate risk.

Notes:

Description based upon print version of record.

Includes bibliographical references (pages 523-533) and index.

Description based on print version record.

ISBN:

9786613009166

9781283009164

1283009161

9781400838844

1400838843

OCLC:

739048017