Foreign Exchange Market: Theory and Econometric Evidence

by Patrick C. McMahon and Richard T. Baillie

Book Overview

The flotation of exchange rates in the early 1970s saw a significant increase in the importance of foreign exchange markets and in the interest shown in them. Apart from the consequent institutional changes, this period also witnessed a revolution in macroeconomic analysis and finance theory based on the concept of rational expectations. This book provides an integrated approach to recent developments in the understanding of foreign exchange markets...

• Format: Paperback
• Language: English
• ISBN: 0521396905
• ISBN13: 9780521396905
• Release Date: October 1990
• Publisher: Cambridge University Press
• Length: 276 Pages
• Weight: 0.85 lbs.
• Dimensions: 0.7" x 6.1" x 9.2"