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基本説明
A YBP Library Services Bestselling Professional Title, July-September 2007. This book examines the options for adopting normative and prescriptive models of exchange rate determination.
Full Description
This book examines the options for adopting an appropriate model of the exchange rate determination and its associated regime suitable for developing countries. It shows that a credible exchange rate regime and policy may mitigate the flight to currency from broad money, and ensure stability and certainty for private sectors.
Contents
Introduction Exchange Rate Economics: Issues, Regime Choice and Modelling Exchange Rate Economics in Developing Countries: Indonesian Exchange Rate Analysis Market Models and Applications Shadow Price of Exchange Rate Time Series Analysis and Misalignment Policy Regime Choice and Implications Summary and Conclusion