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Springer Equilibrium Exchange Rates: Recent Economic Thought Vol. 69

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Description

This comprehensive volume examines the theoretical foundations and practical applications of equilibrium exchange rate determination, addressing critical questions about purchasing power parity (PPP) and its effectiveness as a measure of real exchange rates. The book explores the key determinants and dynamics that shape equilibrium real exchange rates, provides methods for measuring and understanding currency misalignments, and analyses how specific policy interventions affect exchange rate equilibrium. Essential reading for academic economists, central bank policymakers, international bankers and investment fund managers, this Springer publication synthesises competing theoretical frameworks and empirical approaches to exchange rate analysis. The text bridges the gap between theoretical models and real-world policy applications, offering insights into the complex relationships between monetary factors, price levels and currency valuations that drive international financial markets.

Key Features

Springer's volume 69 in the Recent Economic Thought series provides an authoritative treatment of equilibrium exchange rate theory and methodology.

The book examines purchasing power parity (PPP) and monetary models as frameworks for understanding equilibrium real exchange rates.

Comprehensive coverage of exchange rate misalignment measurement techniques and the underlying causes of currency deviations from equilibrium.

Analyses policy effects on equilibrium exchange rates, connecting academic theory directly to international financial decision-making.

Integrates multiple theoretical perspectives and reduced-form models to offer a balanced examination of competing views in exchange rate economics.

Product Specifications

Format
paperback
Domain
Amazon UK
Publication Date
05 November 2012
Listed Since
17 July 2013

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