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Currency Competition and Foreign Exchange Markets - The Dollar, the Yen and the Euro (Paperback, New)
Loot Price: R1,173
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Currency Competition and Foreign Exchange Markets - The Dollar, the Yen and the Euro (Paperback, New)
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Currency Competition and Foreign Exchange Markets by Philipp
Hartmann of the European Central Bank is a major theoretical and
empirical study of international currencies, which focuses on the
role which the Euro will play in the international monetary and
financial system along with the US dollar and the Japanese yen. In
contrast to much of the existing literature which approaches the
subject from a macroeconomic perspective, Philipp Hartmann develops
a theoretical model which uses game theory, time series and panel
econometrics, and links financial markets analysis with transaction
cost economics. The results of Currency Competition and Foreign
Exchange Markets are presented with reference to political,
historical and institutional considerations, and provide accessible
answers to policy-makers, business people and scholars worldwide.
The sections on Spread Estimation and Multiple Vehicles with
Inter-Dealer Price and Entry Competition will be of particular use
for finance professionals.
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