1.

Record Nr.

UNINA9910783822403321

Autore

Pentecost Eric J

Titolo

Exchange rate dynamics : a new open economy macroeconomics perspective / / edited by Jean-Olivier Hairault and Thepthida Sopraseuth

Pubbl/distr/stampa

London ; ; New York : , : Routledge, , 2004

ISBN

1-85278-138-6

0-429-23287-X

1-134-42613-5

1-280-01979-4

9786610019793

0-203-48348-0

Descrizione fisica

1 online resource (320 p.)

Collana

Routledge international studies in money and banking ; ; 27

Altri autori (Persone)

HairaultJean-Olivier

SopraseuthThepthida <1973->

Disciplina

332.4/56/015195

Soggetti

Foreign exchange rates - Econometric models

Foreign exchange rates

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. [284]-293) and index.

Nota di contenuto

Book Cover; Title; Contents; List of figures; List of tables; List of contributors; Preface; Acknowledgments; Exchange rate volatility and persistence; Net foreign assets and exchange rate dynamics: the monetary model revisited; Dornbusch revisited; Nominal wage rigidities in an optimizing model of an open economy; Sources of exchange rate fluctuations: pricing-to-market versus non-tradables; Sources of non-stationary real exchange rate fluctuations: elements of theory and some empirical evidence; Beliefs-based exchange rate dynamics; Exchange rate regimes and monetary policy

Exchange rate regimes and international business cycles: some stylized factsA quantitative analysis of currency regimes; Commitment,  discretion and fixed exchange rates in an open economy; Price setting and optimal monetary cooperation: a New Keynesian perspective; Bibliography; Index

Sommario/riassunto

This important new book builds upon the seminal work by Obsfeld and



Rogoff, Foundations of International Macroeconomics and aims at providing a coherent and modern framework for thinking about exchange rate dynamics. With a wide range of contributions, this book is likely to be welcomed by the macroeconomics and financial community.