This book aims to familiarize students with exchange rate theories that have a direct bearing on the macro economy. It covers the asset market, portfolio balance, currency substitution and monetarist approaches. It also covers basic concepts and the Mundell-Fleming model, empirical results and recent developments such as equilibrium exchange rates and exchange rate bubbles. It makes use of extensive graphical analysis and includes displayed models of the major theoretical approaches. Practice for students is provided by means of questions and worked solutions.
- ISBN10 0745013260
- ISBN13 9780745013268
- Publish Date January 1993
- Publish Status Out of Print
- Out of Print 14 April 1994
- Publish Country GB
- Publisher Pearson Education Limited
- Imprint Prentice-Hall
- Format Hardcover
- Pages 320
- Language English