Book Search:  

 

 
Google full text of our books:

bookjacket

Exchange-Rate Dynamics
Martin D. D. Evans

Hardcover | 2011 | $90.00 / £62.00 | ISBN: 9780691150895
600 pp. | 7 x 10 | 46 line illus. 34 tables. | SHOPPING CART

eBook | ISBN: 9781400838844 |
Our eBook editions are available from these online vendors

graduation-capTextbooks & e-Inspections for Professors

Endorsements | Table of Contents
Chapter 1[PDF] pdf-icon

Google full text of this book:
 

Variations in the foreign exchange market influence all aspects of the world economy, and understanding these dynamics is one of the great challenges of international economics. This book provides a new, comprehensive, and in-depth examination of the standard theories and latest research in exchange-rate economics. Covering a vast swath of theoretical and empirical work, the book explores established theories of exchange-rate determination using macroeconomic fundamentals, and presents unique microbased approaches that combine the insights of microstructure models with the macroeconomic forces driving currency trading.

Macroeconomic models have long assumed that agents--households, firms, financial institutions, and central banks--all have the same information about the structure of the economy and therefore hold the same expectations and uncertainties regarding foreign currency returns. Microbased models, however, look at how heterogeneous information influences the trading decisions of agents and becomes embedded in exchange rates. Replicating key features of actual currency markets, these microbased models generate a rich array of empirical predictions concerning trading patterns and exchange-rate dynamics that are strongly supported by data. The models also show how changing macroeconomic conditions exert an influence on short-term exchange-rate dynamics via their impact on currency trading.

Designed for graduate courses in international macroeconomics, international finance, and finance, and as a go-to reference for researchers in international economics, Exchange-Rate Dynamics guides readers through a range of literature on exchange-rate determination, offering fresh insights for further reading and research.

  • Comprehensive and in-depth examination of the latest research in exchange-rate economics
  • Outlines theoretical and empirical research across the spectrum of modeling approaches
  • Presents new results on the importance of currency trading in exchange-rate determination
  • Provides new perspectives on long-standing puzzles in exchange-rate economics
  • End-of-chapter questions cement key ideas

Endorsement:

"This ambitious and impressive book covers the international macroeconomics and finance literature on nominal exchange-rate determination. It will be a useful reference for those who want to understand standard theoretical models and empirical techniques, and for those who want to specialize in the microstructure of the foreign exchange markets."--Pierre-Olivier Gourinchas, University of California, Berkeley

"There is no other book of this kind. Sound and interesting, it provides a rigorous treatment of exchange-rate economics. The new concepts and interpretation of exchange-rate behavior will spur more research in this area. The book will interest a broad community in international finance, practitioners in the foreign exchange market, and policymakers."--Lucio Sarno, Cass Business School, City University London

Table of Contents

Link:

Series:

Subject Areas:

Shopping Cart:

  • For ebooks:

Our eBook editions are available
from these online vendors:

  • Amazon Kindle Store
  • Apple iBooks
  • Barnes & Noble Nook Store
  • Google Play eBook Store
  • Kno eBook Store
  • Many of our ebooks are available through
    library electronic resources including these platforms:

  • Books at JSTOR
  • Ebrary
  • Ebook Library
  • EBSCO Ebooks
  • MyiLibrary
  • Dawsonera (UK)

  • Shopping Cart:

    • For hardcover/paperback orders:

      For hardcover/paperback orders in the United States, Canada, Latin America, Asia, and Australia

      Hardcover: $90.00 ISBN: 9780691150895

      For hardcover/paperback orders in Europe, Africa, the Middle East, and India, and Pakistan

      Hardcover: £62.00 ISBN: 9780691150895

      Add to shopping cart

      graduation-cap

      Textbooks: Need textbooks? View our textbook site.

      Teaching Professors: To request an electronic inspection copy for course use consideration,
      please click on: magnifyingProfessors free on-line inspection access (All requests will be validated before access is granted).

      Online exam copies are also available through these e-vendors:

    • CourseSmart®
    • Kno™
    • Prices subject to change without notice

      File created: 11/10/2014

    Questions and comments to: webmaster@press.princeton.edu
    Princeton University Press

    New Book E-mails
    New In Print
    PUP Blog
    Videos/Audios
    Princeton APPS
    Sample Chapters
    Subjects
    Series
    Catalogs
    Princeton Legacy Library
    Textbooks
    Media/Reviewers
    Class Use
    Rights/Permissions
    Ordering
    Recent Awards
    Princeton Shorts
    Freshman Reading
    PUP Europe
    About Us
    Contact Us
    Links
    F.A.Q.
    PUP Home


    Bookmark and Share
    Send me emails
    about new books in:
    Economics
    Finance
    More Choices