Interest Rates, Exchange Rates and World Monetary Policy

AvJohn E. Floyd

Häftad, Engelska, 2014

1 589 kr

Beställningsvara. Skickas inom 10-15 vardagar. Fri frakt över 249 kr.

Fler format och utgåvor

Inbunden

1 589 kr

Beskrivning

A careful basic theoretical and econometric analysis of the factors determining the real exchange rates of Canada, the U.K., Japan, France and Germany with respect to the United States is conducted.

Produktinformation

Utgivningsdatum:2014-10-31
Mått:155 x 235 x undefined mm
Format:Häftad
Språk:Engelska
Antal sidor:404
Förlag:Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
ISBN:9783642424540

Utforska kategorier

Innehållsförteckning

A Theoretical Framework.- Specifications and Assumptions.- Underlying Equilibrium Growth Paths.- Variations in Employment.- Some Important Implications.- Exchange Rate Overshooting.- Exchange Rate Determination.- Issues Regarding Exchange Rate Determination.- Time Series Properties of Observed Exchange Rate Movements.- Efficient Markets and Exchange Rate Forecasts.- The Role of Real Shocks in Determining Real Exchange Rates: The Evidence.- The Role of Money Supply Shocks in Determining Real Exchange Rates: The Evidence.- Further Evidence from a Blanchard-Quah VAR Analysis.- Implications for Monetary Policy.- The Model.- Monetary Policy and Exchange Rates.- Corroborating and Other Evidence.- Conclusions and Suggestions for Future Work.