Exchange Rate Determination and Optimal Economic Policy Under Various Exchange Rate Regimes

By Eelke de Jong

This book investigates the causes of the bad performance of many exchange rate models. A structural model of exchange rate determination is estimated in which expectations are proxied by means of rolling regressions. This model is used to determine the optimal way to peg a small European country's exchange rate to the Deutsche Mark.

• Format: Paperback
• Language: English
• ISBN: 3540540210
• ISBN13: 9783540540212
• Release Date: June 1991
• Publisher: Springer
• Length: 271 Pages
• Weight: 1.42 lbs.
• Dimensions: 0.6" x 8.3" x 11.0"