Exchange Rate Economics
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Exchange Rate Economics: Theories and Evidence
By Ronald MacDonaldStein, J. (1994), 'The Natural Real Exchange Rate of the United States Dollar and Determinants of Capital Flows', in J. Williamson (ed.), Equilibrium Exchange Rates (Washington, DC: Institute of International Economics). Stein ...
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Exchange Rate Economics: Theories and Evidence
By Ronald MacDonaldcointegrating restrictions are: Hoffman andSchlagenhauf(1983) andKearney and MacDonald (1987). Weillustrate these testsbyusing the approachof Hoffman and Schlagenhauf (1983). Consider the forward-looking monetary equation from the ...
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Exchange Rate Economics: A Survey
By Mr.Ronald MacDonald, Mr.Mark P. TaylorOtt , D.J. , and Ott , A.F. , " Budget Balance and Equilibrium Income , " Journal of Finance , 20 ( 1965 ) , 71-7 . Papell , D.H. , " Expectations and exchange rate dynamics after a decade of floating , " Journal of International ...
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Exchange Rate Economics
By Peter IsardA lucid and relatively easy to comprehend survey of theories of exchange rate behaviour.
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Exchange Rate Economics: Theories and Evidence
By Ronald MacDonald'In summary, the book is valuable as a textbook both at the advanced undergraduate level and at the graduate level.
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Exchange Rate Economics: Theories and Evidence
By Ronald MacDonaldBaillie, R. J., Lippens, R. E., and McMahon, P. L. (1983) 'Testing rational expectations and efficiency in the foreign exchange market', Econometrica, 51, 553-63. Balassa, B. (1964), 'The purchasing power parity doctrine: a reappraisal' ...