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Chapters in this book
- Frontmatter i
- Contents vii
- Preface ix
- 1. An Introduction to Exchange Rates and International Macroeconomics 1
- 2. An Accounting Framework and Some Issues for Modeling How Exchange Rates Respond to the News 19
- 3. The Out-of-Sample Failure of Empirical Exchange Rate Models: Sampling Error or Misspecification? 67
- 4. Risk Averse Speculation in the Forward Foreign Exchange Market: An Econometric Analysis of Linear Models 113
- 5. Rational Expectations and the Foreign Exchange Market 153
- 6. The Use of Monetary Policy for Internal and External Balance in Ten Industrial Countries 189
- 7. Staggered Contracts and Exchange Rate Policy 235
- 8. Oil Shocks and Exchange Rate Dynamics 259
- 9. Real Adjustment and Exchange Rate Dynamics 285
- 10. Real Exchange Rate Overshooting and the Output Cost of Bringing Down Inflation: Some Further Results 317
- Contributors 369
- Author Index 373
- Subject Index 376
Chapters in this book
- Frontmatter i
- Contents vii
- Preface ix
- 1. An Introduction to Exchange Rates and International Macroeconomics 1
- 2. An Accounting Framework and Some Issues for Modeling How Exchange Rates Respond to the News 19
- 3. The Out-of-Sample Failure of Empirical Exchange Rate Models: Sampling Error or Misspecification? 67
- 4. Risk Averse Speculation in the Forward Foreign Exchange Market: An Econometric Analysis of Linear Models 113
- 5. Rational Expectations and the Foreign Exchange Market 153
- 6. The Use of Monetary Policy for Internal and External Balance in Ten Industrial Countries 189
- 7. Staggered Contracts and Exchange Rate Policy 235
- 8. Oil Shocks and Exchange Rate Dynamics 259
- 9. Real Adjustment and Exchange Rate Dynamics 285
- 10. Real Exchange Rate Overshooting and the Output Cost of Bringing Down Inflation: Some Further Results 317
- Contributors 369
- Author Index 373
- Subject Index 376