The last two decades have seen a number of important developments
in exchange rate economics, with substantial contributions to both
its theory and empirics. While our understanding of exchange rates
has significantly improved, a number of challenges and open
questions in the exchange rate debate still remain. In these two
volumes, the editors have brought together a selection of key
articles which are representative of recent developments in the
exchange rate economics literature. This important collection is
essential for academic economists and practitioners interested in
understanding and participating in the exchange rate debate.
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