Recent Developments on Exchange Rates

This collection examines recent developments in exchange rate analysis. In the first part, two exchange rate models are proposed: a model which combines heterogeneous agents and transaction costs, and a dynamic general-equilibrium two-country sticky-price model. The second part of the book deals with econometric aspects of the exchange rate dynamics linked to regime-switching and structural breaks. In the third part of the book, an analysis of speculative attacks and monetary policy is presented.Lardic, Sandrine is the author of 'Recent Developments on Exchange Rates', published 2004 under ISBN 9781403934871 and ISBN 1403934878.