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The Economics of exchange rates : selected studies / edited by Jacob A. Frenkel, Harry G. Johnson.

; Johnson, Harry G. (Harry Gordon), 1923-1977
Reading, Mass. : Addison-Wesley Pub. Company, [1978] .
ISBN 0201023741, 9780201023749, 0201023768, 9780201023763

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Other Authors Frenkel, Jacob A.
Johnson, Harry G. 1923-1977.
Subjects Change.
Foreign exchange rates.
Système monétaire international -- 1970-2000.
Taux de change -- 1970-2000.
Taux de change.
Wechselkurs.
Series Addison-Wesley series in economics.
Description xvii, 218 pages : graphs ; 24 cm.
Copyright Date [1978]
©1978
Notes Includes bibliographical references and index.
Also issued online.
Summary The studies deal with the determination of foreign exchange rates and the characteristics of the foreign exchange market. They extend frontiers in theory and test the implications against current and past data. Analysis is made of flexible exchange rates through a new approach the authors have developed, called the "asset-market approach." In a fresh departure from the bulk of economic literature, theory is combined with practical application in a clear, concise way that will be understood by readers with a basic understanding of economics. The first three chapters of the book present the doctrinal history leading to today's view of exchange rate deterioration, outline the authors' new approach, and integrate it with an anlaysis of macroeconomic policies. The remaining eight chapters examine in detail (theoretically and empirically) the various building blocks presented in the initial chapters.
Network Numbers (OCoLC)4043774
(OCoLC)ocm04043774
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