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Paperback Interest Rates, Exchange Rates and World Monetary Policy Book

ISBN: 3642424546

ISBN13: 9783642424540

Interest Rates, Exchange Rates and World Monetary Policy

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Format: Paperback

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Book Overview

A careful basic theoretical and econometric analysis of the factors determining the real exchange rates of Canada, the U.K., Japan, France and Germany with respect to the United States is conducted. The resulting conclusion is that real exchange rates are almost entirely determined by real factors relating to growth and technology such as oil and commodity prices, international allocations of world investment across countries, and underlying terms...

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