Foreign exchange market, the: theory and econometric evidence

Auteur :
Baillie, Richard T. / McMahon, Patrick C.
Éditeur :
Cambridge University Press
ISBN :
9780521396905
Date de publication :
26 oct. 1990
Dimensions :
22,9 x 15,2 x 1,6 cm
Poids :
410 g
Format :
Trade paperback (US)
Langue :
Anglais
Pays d'origine :
Grande Bretagne
The flotation of exchange rates in the early 1970s saw an increase in the importance of foreign exchange markets and in the interest shown in them. It also witnessed a revolution in macroeconomic analysis and finance theory based on the concept of rational expectations. This book provides an integrated approach to recent developments in the understanding of these markets.