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Exchange Rate Volatility, Trade, and Capital Flows under Alternative Exchange Rate Regimes

Exchange Rate Volatility, Trade, and Capital Flows under Alternative Exchange Rate Regimes( )
Author: Sercu, Piet
Uppal, Raman
Contribution by: Horiuchi, Akiyoshi
Krugman, Paul
Sato, Ryzuo
Subrahmanyam, Marti
Zeckhauser, Richard
Series title:Japan-US Center UFJ Bank Monographs on International Financial Markets Ser.
ISBN:978-0-521-56294-2
Publication Date:Jun 2000
Publisher:Cambridge University Press
Book Format:Hardback
List Price:USD $85.99
Book Description:

Recent years have seen a substantial increase in the volatility of exchange rates. This trend has prompted economists and finance analysts to question if the observed behavior of exchange rates is consistent with a rational model. Does that volatility, further, hinder trade? Professors Sercu and Uppal examine these issues in the context of dynamic general equilibrium models, explicitly considering the role of financial markets while allowing for commodity markets to be segmented across...
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Book Details
Pages:174
Detailed Subjects: Business & Economics / Foreign Exchange
Business & Economics / International / Economics & Trade
Physical Dimensions (W X L X H):6.24 x 9.282 x 0.702 Inches
Book Weight:0.858 Pounds
Author Biography
Sercu, Piet (Author)
Paul Krugman was born on February 28, 1953. He received a B.S. in economics from Yale University in 1974 and a Ph.D from MIT in 1977. From 1982 to 1983, he worked at the Reagan White House as a member of the Council of Economic Advisers. He taught at numerous universities including Yale University, MIT, UC Berkeley, the London School of Economics, and Stanford University before becoming a professor of economics and international affairs at Princeton University in 2000. He has written over 200 scholarly papers and 20 books including Peddling Prosperity; International Economics: Theory and Policy; The Great Unraveling; and The Conscience of a Liberal. Since 2000, he has written a twice-weekly column for The New York Times. He received the 1991 John Bates Clark Medal and the 2008 Nobel Memorial Prize in Economic Sciences. His title End This Depression Now! made The New York Times Best Seller List for 2012.

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