Exchange Rate Regimes in the Modern Era

by Michael W. Klein and Jay C. Shambaugh

Book Overview

An analysis of the operation and consequences of exchange rate regimes in an era of increasing international interdependence.

The exchange rate is sometimes called the most important price in a highly globalized world. A country's choice of its exchange rate regime, between government-managed fixed rates and market-determined floating rates has significant implications for monetary policy, trade, and macroeconomic outcomes, and is...

• Format: Paperback
• Language: English
• ISBN: 026251799X
• ISBN13: 9780262517997
• Release Date: August 2012
• Publisher: MIT Press
• Length: 253 Pages
• Weight: 0.75 lbs.
• Dimensions: 0.6" x 5.7" x 8.7"
• Age Range: 18 years and up
• Grade Range: Postsecondary and higher