Exchange Rate Volatility, Trade, and Capital Flows Under Alternative Exchange Rate Regimes (English, Piet Sercu | Raman Uppal | Ryzuo Sato)
by Piet Sercu | Raman Uppal | Ryzuo Sato
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Book Details
Publisher
Cambridge University Press
Language
English
ISBN-13
9780521034234
ISBN-10
052103423X
Author
Piet Sercu | Raman Uppal | Ryzuo Sato
About the Book
Recent years have seen a substantial increase in the volatility of exchange rates. This trend has prompted economists and finance analysts to question if the observed behavior of exchange rates is consistent with a rational model. Does that volatility, further, hinder trade? Professors Sercu and Uppal examine these issues in the context of dynamic general equilibrium models, explicitly considering the role of financial markets while allowing for…
ISBN: 9780521034234
ISBN-13: 9780521034234
ISBN-10: 052103423X
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Product ID: isbn-9780521034234
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