Exchange Rate Volatility, Trade, and Capital Flows under Alternative Exchange Rate Regimes by Piet Sercu, Raman Uppal

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

Japan-Us Center Ufj Bank Monographs on International Financi

Piet Sercu, Raman Uppal

174 pages missing pub info (view editions)

nonfiction business economics mathematics medium-paced
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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 volati...

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