The Economics of Exchange Rates

by Mark P. Taylor and Lucio Sarno

Book Overview

In the last few decades exchange rate economics has seen a number of developments, with substantial contributions to both the theory and empirics of exchange rate determination. Important developments in econometrics and the increasingly large availability of high-quality data have also been responsible for stimulating the large amount of empirical work on exchange rates in this period. Nonetheless, while our understanding of exchange rates has significantly...

• Format: Paperback
• Language: English
• ISBN: 0521485843
• ISBN13: 9780521485845
• Release Date: March 2003
• Publisher: Cambridge University Press
• Length: 327 Pages
• Weight: 1.55 lbs.
• Dimensions: 0.8" x 6.7" x 9.6"

Customer Reviews

A great book for experts

An excellent book for experts on foreign exchange, covering most of the major theories in detail. Often said to be at PHD level, which is true, but the difficult mathamatics is avoided as much as possible so is accesable to all those with a good knowledge of exchange rate theory.

The best

Sarno and Taylor placed different approachs of the Exchange Rate teory in this book.

Outstanding!

This is a well-written and comprehensive survey of the modern international finance literature. I recommend this book to PH.D students who looking for a dissertation topic. Researchers should also have a copy of this book for reference.