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Exchange Rate Determination Puzzle.

Still after more than thirty years of free floating exchange rates, large parts of exchange rate dynamics remain a puzzle. As this book shows, much progress has been made in explaining exchange rate movements over longer horizons. It also shows, however, that short-run movements are far more challen...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Butgereit, Falkmar
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Diplomica Verlag, 2010.
Temas:
Acceso en línea:Texto completo

MARC

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505 0 |a Exchange Rate Determination Puzzle; Table of Contents; 1 Introduction; 2 Long-Run Exchange Rate Behavior; 3 Short-Run Exchange Rate Dynamics; 4 Spectral Analysis; 5 Conclusion; Appendix; References. 
520 |a Still after more than thirty years of free floating exchange rates, large parts of exchange rate dynamics remain a puzzle. As this book shows, much progress has been made in explaining exchange rate movements over longer horizons. It also shows, however, that short-run movements are far more challenging to explain. The book is based upon a variety of papers, many of them released recently. A key aspiration of the literature has always been not only to explain past exchange rate behavior but also to forecast out of sample and to compare it to the simple random walk outcome. Here some developmen. 
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