Exchange Rate Environment

List of contents

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

About the author

Simon Brooks, Keith Cuthbertson, David G. Mayes

Summary

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

Product details

• Authors: Simon Brooks, Simon (European Investment Bank Brooks, Simon Cuthbertson Brooks, Brooks Simon, Keith Cuthbertson, Keith (City University Cuthbertson, Cuthbertson Keith, David G. Mayes, David G. (University of Auckland Mayes, Mayes David G.
• Publisher: Taylor & Francis Ltd.
• Languages: English
• Product format: Hardback
• Released: 13.04.2017
• EAN: 9781138723023
• ISBN: 978-1-138-72302-3
• No. of pages: 310
• Series: Routledge Library Editions: Exchange Rate Economics; Routledge Library Editions: Exchange Rate Economics
• Subjects: Social sciences, law, business > Business > Economics; BUSINESS & ECONOMICS / Money & Monetary Policy, BUSINESS & ECONOMICS / International / General, International Economics, Monetary Economics, International Finance