Exchange Rate Regimes in the Modern Era is popular PDF and ePub book, written by Michael W. Klein in 2012-08-24, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Exchange Rate Regimes in the Modern Era can be Read Online from any device for your convenience.
Exchange Rate Regimes in the Modern Era Book PDF Summary
An analysis of the operation and consequences of exchange rate regimes in an era of increasing international interdependence. The exchange rate is sometimes called the most important price in a highly globalized world. A country's choice of its exchange rate regime, between government-managed fixed rates and market-determined floating rates has significant implications for monetary policy, trade, and macroeconomic outcomes, and is the subject of both academic and policy debate. In this book, two leading economists examine the operation and consequences of exchange rate regimes in an era of increasing international interdependence. Michael Klein and Jay Shambaugh focus on the evolution of exchange rate regimes in the modern era, the period since 1973, which followed the Bretton Woods era of 1945–72 and the pre-World War I gold standard era. Klein and Shambaugh offer a comprehensive, integrated treatment of the characteristics of exchange rate regimes and their effects. The book draws on and synthesizes data from the recent wave of empirical research on this topic, and includes new findings that challenge preconceived notions.
Detail Book of Exchange Rate Regimes in the Modern Era PDF
- Author : Michael W. Klein
- Release : 24 August 2012
- Publisher : MIT Press
- ISBN : 9780262258333
- Genre : Business & Economics
- Total Page : 267 pages
- Language : English
- PDF File Size : 13,6 Mb
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