Introduction,- Part I A Theoretical Framework: Specifications and Assumptions,- Underlying Equilibrium Growth Paths ,- Variations in Employment ,- Some Important Implications,- Exchange Rate Overshooting ,- Part II Exchange Rate Determination: Issues Regarding Exchange Rate Determination,- Time Series Properties of Observed Exchange Rate Movements,- Efficient Markets and Exchange Rate Forecasts,- The Role of Real Shocks in Determining Real Exchange Rates: The Evidence,- The Role of Money Supply Shocks in Determining Real Exchange Rates: The Evidence ,- Further Evidence from a Blanchard-Quah VAR Analysis,- Part III Implications for Monetary Policy: The Model ,- Monetary Policy and Exchange Rates,- Corroborating and Other Evidence,- Conclusions and Suggestions for Future Work,- Optimal Allocation of the Capital Stock Among its Alternative Forms,- Derivation of the Real Exchange Rate,- C Analysis of the GG and AA,- The Determination of Risk Premiums,- Analysis of the Forward Rate Equation,- Data Sources.
EAN/ISBN : 9783642102806
Publisher(s): Springer, Berlin
Format: ePub/PDF

Author(s): Floyd, John E.