ENGLISH

Exchange Rate Theory and Practice (A National Bureau of Economic Research conference report)

Book information

Publisher
University of Chicago Press
Year
1985
ISBN
0226050963, 9780226050966, 9780226050997
LCC
HG3851
Open Library ID
OL21192794M
Language
english
Format
PDF
Filesize
23 MB (24475391 bytes)
Pages
544\542
Time added
2012-03-17 06:00:00

Description

This volume grew out of a National Bureau of Economic Research conference on exchange rates held in Bellagio, Italy, in 1982. In it, the world's most respected international monetary economists discuss three significant new views on the economics of exchange rates - Rudiger Dornbusch's overshooting model, Jacob Frenkel's and Michael Mussa's asset market variants, and Pentti Kouri's current account/portfolio approach. Their papers test these views with evidence from empirical studies and analyze a number of exchange rate policies in use today, including those of the European Monetary System.

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