Exchange rates and open economy macroeconomics / edited by Ronald MacDonald and Mark P. Taylor
- Cambridge Basil Blackwell 1989
- 371p.
This book is the first to bring together under one cover recent, pathbreaking work in open economy macroeconomics from leading economists working in this field. The contributions, all of which are previously unpublished, range from purely theoretical analyses, through simulation exercises to applied econometric studies.
The contributors cover a range of topics central to the field, from exchange-rate modelling and the efficiency of foreign exchange markets to the issues surrounding international policy co ordination. The book, with the editors' comprehensive survey of exchange rate economics literature, will be a first reference source for advanced undergraduates and graduates taking courses in international monetary economics, as well as practising economists in universities, research institutions and government.