Theory and Practice of Equilibrium Exchange Rates: Looking into the Euro Empirical Evidence - Brossura

Marin Martinez, Carmen

Brossura

ISBN 10: 3639148797 ISBN 13: 9783639148794

Casa editrice: VDM Verlag, 2009

Riassunto

Most economists would agree that the real exchange rate is a determinant variable for a well working economy. So far, a big deal of different literature had come out to shed some light on exchange rate behaviour. The peculiarity of exchange rates is that they can be understood as a monetary or a real phenomenon, so many approaches and different conclusions can be found in the specialized literature. The professionals on the topic are far from consensus. Formally, we find that the dynamic version of the macroeconomic approach in general and the Natrex approach in particular constitute an adequate methodology to undertake a rigorous analysis of the real exchange rate behaviour. This work, therefore, provides different research looking for the fundaments of the real exchange rates both in a medium and long run horizon. The book analyzes how the relationship between economic growth and real exchange rates can be enriched within an intertemporal equilibrium model. This is applied to the effective euro exchange rate behaviour in the period going from 1970 to 2000. The analysis should be useful to academics and researchers on the topic.

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Informazioni sull'autore

Master in Economics at UAB (Spain) in collaboration with University Collage of London. PhD in Economics, International Doctorate in Economic Analysis at the UAB. Tenure lecturer at the University of Murcia, Spain.

Dettagli dell'edizione

• Editore: VDM Verlag
• Data di pubblicazione: 2009
• Lingua: Inglese
• ISBN 10: 3639148797
• ISBN 13: 9783639148794
• Rilegatura: Copertina flessibile
• Numero di pagine: 112
• Contatto del produttore: non disponibile
• Persona responsabile: non disponibile