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Sandrine Lardic, Valerie Mignon

Recent Developments on Exchange Rates (Applied Econometrics Association Series)

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ISBN: 1403934878
Издательство: Palgrave MacMillan
This collection examines recent developments in exchange rate analysis. In the first part, two exchange rate models are proposed: a model which combines heterogeneous agents and transaction costs, and a dynamic general-equilibrium two-country sticky-price model. The second part of the book deals with econometric aspects of the exchange rate dynamics linked to regime-switching and structural breaks. In the third part of the book, an analysis of speculative attacks and monetary policy is presented.