The Foreign Exchange Market 在线电子书 pdf 下载 txt下载 epub 下载 mobi 下载 2024

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Richard T. Baillie 作者

Cambridge University Press

译者

1990-11-1 出版日期

274 页数

GBP 23.99 价格

Paperback

丛书系列

9780521396905 图书编码

The Foreign Exchange Market 在线电子书图书标签: finance 2008

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发表于2024-09-13

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The Foreign Exchange Market 在线电子书 epub 下载 mobi 下载 pdf 下载 txt 下载 2024

The Foreign Exchange Market 在线电子书 pdf 下载 txt下载 epub 下载 mobi 下载 2024

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The Foreign Exchange Market 在线电子书图书描述

The flotation of exchange rates in the early 1970s saw a significant increase in the importance of foreign exchange markets and in the interest shown in them. Apart from the consequent institutional changes, this period 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 foreign exchange markets. It begins by charting the institutional background and looks at the recent history of movements in some of the major exchange rates. The theoretical sections focus on the economic and finance theory of the asset market approach, the macroeconomic models developed from this approach, and on interest rate parity theory. The empirical chapters draw on the authors' own research from a high quality set of exchange rate and interest rate data. The statistical properties of exchange rates are analysed; the relationship between spot and forward rates is examined; and the modelling and impact of new information on the forward and spot relationship is considered. The final chapter is devoted to the estimation and testing of exchange rate models.

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