Originally published in 1986. This helpful text sets out what
appears to make exchange rates change and shows how these various
factors contribute to an explanation of the past. It considers the
problems of providing satisfactory forecasts of the exchange rate
while presenting the methods used, outlining their drawbacks and
speculating on future ways forward. Laid out to move from empirical
issues to theory and on to policy, this book is easily of use to
those interested in macroeconomics, applied economics and
international economics as well as economic history.
General
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