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Recent Developments On Exchange Rates

Recent Developments On Exchange Rates

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  • ISBN:9781403934871
  • Editorial: Macmillan Publishers
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  • Nº Pág.:144
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In the first part of this examination of developments in exchange rates analysis, two exchange rate models are proposed: a model which combines heterogeneous agents and transaction costs, and a dynamic, general-equilibrium, two-country, sticky-price model. The second part of the book deals with econometric aspects of the exchange rate dynamics linked to regime switching and structural breaks. In the third part of the book, an analysis of speculative attacks and monetary policy is presented.

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