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Edward Elgar Publishing Exchange Rate Economies: Selected Essays - Ronald MacDonald

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Description

This authoritative collection brings together Ronald MacDonald's most influential papers on exchange rate economics, offering comprehensive insights into one of the field's most complex topics. The book organises key research across four major themes: monetary fundamentals and exchange rate forecasting, equilibrium exchange rate determination, expectations formation with focus on news and risk dynamics, and the economic principles underlying fixed exchange rates alongside credibility considerations. MacDonald's work demonstrates that successful currency forecasting is achievable through rigorous out-of-sample analysis, providing both theoretical grounding and practical applications for economists, academics, and finance professionals seeking deeper understanding of exchange rate behaviour and market dynamics.

Key Features

Exchange Rate Economies comprises focused chapters exploring Ronald MacDonald's decades of research into currency markets and monetary economics.

The book organises essays under four key themes including monetary fundamentals, equilibrium rates, expectations formation, and fixed exchange rate credibility.

Published by Edward Elgar Publishing, this collection presents peer-reviewed academic research suitable for economists and finance professionals.

MacDonald's conclusions establish that out-of-sample currency forecasting success is achievable through systematic economic analysis and empirical methods.

The selected essays cover both theoretical frameworks and practical applications relevant to central banks, traders, and academic institutions.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
28 December 2009
Listed Since
09 December 2006

Barcode

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