02014cam a2200301 a 4500 CY-PaNEU10003812 CY-PaNEU 20200628125554.0 101013s2007 enka b 001 0 eng 0203380185 ebk. 0415125510 pbk. 0415148782 hbk. 9780203380185 ebk. 9780415125512 pbk. 9780415148788 hbk. DLC DLC BAKER YDXCP BWKUK BTCTA UKM NLGGC BWK DLC CY-PaNEU HG3852 .M33 2007 MacDonald, Ronald. 855 Exchange rate economics : theories and evidence / Ronald MacDonald. London : Routledge, 2007. xi, 450 p. : ill. ; 24 cm. Routledge studies in the modern world economy. Includes bibliographical references (p. [405]-439) and index. Introduction : some basic concepts and stylised facts and the case for (and against) floating exchange rates -- Purchasing power parity and the PPP puzzle -- The economics of the PPP puzzle -- The flexible price monetary model -- The sticky price monetary model -- The monetary approach to the exchange rate : an empirical perspective -- Currency substitution models and the portfolio balance approach to the exchange rate -- Real exchange rate determination : theory and evidence -- Equilibrium exchange rates : measurement and misalignment -- The new open economy macroeconomics and exchange rate behaviour -- The new open economy macroeconomics model : pricing to market and exchange rate volatility redux -- The economics of fixed exchange rates, part 1: target zone models -- The economics of fixed exchange rates, part 2: speculative attack models and contagion -- The market microstructure approach to the foreign exchange market -- Spot and forward exchange rates and the forward premium puzzle. Foreign exchange. 203 Routledge studies in the modern world economy. 1029 BK 1027 1027 0 0 lcc 0 0 ma CY-PaNEU CY-PaNEU 2021-09-10 1 HG3852 .M33 2007 3000294 2020-06-28 00:00:00 1 2020-06-28 BK