Exchange Rate Economics : A Survey /

We survey the literature on the two main views of exchange rate determination that have evolved since the early 1970s: the monetary approach to the exchange rate (in flex-price, sticky-price and real interest differential formulations) and the portfolio balance approach. We then go on to discuss the...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Taylor, Mark
مؤلفون آخرون: MacDonald, Ronald
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1991.
سلاسل:IMF Working Papers; Working Paper ; No. 1991/062
الوصول للمادة أونلاين:Full text available on IMF
LEADER 01668cas a2200253 a 4500
001 AALejournalIMF002662
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781451964394 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Taylor, Mark. 
245 1 0 |a Exchange Rate Economics :   |b A Survey /  |c Mark Taylor, Ronald MacDonald. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1991. 
300 |a 1 online resource (61 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a We survey the literature on the two main views of exchange rate determination that have evolved since the early 1970s: the monetary approach to the exchange rate (in flex-price, sticky-price and real interest differential formulations) and the portfolio balance approach. We then go on to discuss the extant empirical evidence on these models and conclude by discussing how the future research strategy in the area of exchange rate determination is likely to develop. We also discuss the literature on foreign exchange market efficiency, on exchange rates and 'news' and on international parity conditions. 
538 |a Mode of access: Internet 
700 1 |a MacDonald, Ronald. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1991/062 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1991/062/001.1991.issue-062-en.xml  |z IMF e-Library