Exchange Rate Economics (Cambridge Surveys of Economic Literature)

Exchange Rate Economics (Cambridge Surveys of Economic Literature)

by ISARD (Author)

Synopsis

This book describes and evaluates the literature on exchange rate economics. It provides a wide-ranging survey, with background on the history of international monetary regimes and the institutional characteristics of foreign exchange markets, an overview of the development of conceptual and empirical models of exchange rate behavior, and perspectives on the key issues that policymakers confront in deciding whether, and how, to try to stabilize exchange rates. The treatment of most topics is reasonably compact, with extensive references to the literature for those desiring to pursue individual topics further. The level of exposition is relatively easy to comprehend and the chapters are written at a level intelligible to first-year graduate students or advanced undergraduates. The book will enlighten both students and policymakers, and should also serve as a valuable reference for many research economists.

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More Information

Format: Paperback
Pages: 292
Edition: 1st ed.
Publisher: Cambridge University Press
Published: 28 Sep 1995

ISBN 10: 0521466008
ISBN 13: 9780521466004
Book Overview: A lucid and relatively easy to comprehend survey of theories of exchange rate behaviour.

Media Reviews
'... provides an extremely well written and complete overview of exchange rates and exchange rate models ... an excellent work of reference.' Economic Journal
This interesting volume provides a afirly comprehensive overview of advances in exchange rate economics in the two decades prior to its publication. it is very readable, relatively nontechnical, and of potential interest to students, research economists, and policy makers....Peter Isard has written an interesting and useful book. I particularly admired his presentation of new approaches to exchange rate modeling. Christian C.P. Wolff, Journal of Economic Literature