Equilibrium Exchange Rates by Ronald Macdonald
- How successful is PPP, and its extension in the monetary model, as a measure of the equilibrium exchange rate?
- What are the determinants and dynamics of equilibrium real exchange rates?
- How can misalignments be measured, and what are their causes?
- What are the effects of specific policies upon the equilibrium exchange rate?
The answers to these questions are important to academic theorists, policymakers, international bankers and investment fund managers. This volume encompasses all of the competing views of equilibrium exchange rate determination, from PPP, through other reduced form models, to the macroeconomic balance approach.
This volume is essentially empirical: what do we know about exchange rates? The different econometric and theoretical approaches taken by the various authors in this volume lead to mutually consistent conclusions. This consistency gives us confidence that significant progress has been made in understanding what are the fundamental determinants of exchange rates and what are the forces operating to bring them back in line with the fundamentals.
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Evolutionary Economics: Program and Scope
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Post-Popperian Methodology of Economics
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Psychological Economics
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Transaction Cost Economics and Beyond
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An Alternative Macroeconomic Theory: The Kaleckian Model and Post-Keynesian Economics
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The New System of National Accounts
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Experiences with Financial Liberalization
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Globalization, Growth and Sustainability
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Industrial Policies After 2000
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Post-Keynesian Economic Theory
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The Political Economy of Imperialism
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Business Cycles: Theory and Empirical Methods
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Rationality in Economics: Alternative Perspectives
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Economics As Discourse
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Collective Decision-Making:
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The Economics of Saving
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Economics and Thermodynamics
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Labor Economics: Problems in Analyzing Labor Markets
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Money and Macro Policy
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Classical Political Economy
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Neoclassical Economic Theory, 1870 to 1930
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Policy Analysis and Economics
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Theories of Income Distribution
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Economics of Corruption
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Economic Thought and Political Theory
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Dynamics of Globalization and Development
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Taking Property and Just Compensation
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The Political Economy of Globalization
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Foreign Aid: New Perspectives
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Households, Work and Economic Change: A Comparative Institutional Perspective
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Problems of Coordination in Economic Activity
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The Role of Economic Theory
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Coasean Economics Law and Economics and the New Institutional Economics
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Intergovernmental Fiscal Relations
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Search Theory and Unemployment
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The State of Interpretation of Keynes
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Institutional Design
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Handbook of Income Inequality Measurement
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Household and Family Economics
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Race, Markets, and Social Outcomes
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Foreign Aid in the Twenty-First Century
| SKU | Unavailable |
| ISBN 13 | 9789401058964 |
| ISBN 10 | 9401058962 |
| Title | Equilibrium Exchange Rates |
| Author | Ronald Macdonald |
| Series | Recent Economic Thought |
| Condition | Unavailable |
| Binding Type | Paperback |
| Publisher | Springer |
| Year published | 2012-11-05 |
| Number of pages | 351 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |