ENGLISH

Exchange Rates and International Macroeconomics

By Jacob A. Frenkel (editor)

Book information

Publisher
University of Chicago Press
Year
2010
ISBN
9780226262536
DOI
10.7208/9780226262536
Language
english
Format
PDF
Filesize
24 MB (24695579 bytes)
Pages
392\392
Library
degruyter.com
Time added
2023-08-15 06:36:07

Description

This volume, presenting some of the finest new research on exchange rates and international macroeconomics, contains papers and critical commentary by thirty-two leading economists. Taken together, these papers provide sound evidence about the effects of real and monetary factors on exchange rates and extend the analyses of exchange rates and international macroeconomics by outlining the kinds of behavior and institutional arrangements that can be incorporated into such analyses. Both empirical and theoretical research are represented, and the contributors analyze such issues as the performance of various models of exchange rate determination, the role of risk and speculation in the forward market for foreign exchange, the rational expectations hypothesis in such markets, the performance of monetary policy in ten industrial countries, the role that labor market contracts play in exchange rate policies, the effect of he oil shocks on the evolution of exchange rates, and the output cost of bringing down inflation in the open economy.

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