The economics of exchange rates / Lucio Sarno and Mark P. Taylor ; with a foreword by Jeffrey A. Frankel.

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Bibliographic Details
Published:	Cambridge ; New York : Cambridge University Press, 2002.
Main Author:	Sarno, Lucio
Other Authors:	Taylor, Mark P., 1958-
Subjects:	Foreign exchange rates.
Format:	Book

The economics of exchange rates /

Table of Contents:

Foreword / Jeffrey A. Frankel
1. Introduction
2. Foreign exchange market efficiency
App. A. Mean of a log-normally distributed variable
App. B. Siegel's paradox
App. C. Generalised method-of-moments estimators
App. D. Cointegration and the Granger representation theorem
3. Purchasing power parity and the real exchange rate
4. Exchange rate determination: theories and evidence
5. New open-economy macroeconomics
6. Currency unions, pegged exchange rates and target zone models
App. A. The method of simulated moments
7. Official intervention in the foreign exchange market
8. Models of currency crisis and speculative attack
9. Foreign exchange market microstructure.