This paper reviews the literature on exchange rate economics over the last two decades,
with particular reference to recent developments. Exchange rate economics has been one of …

Publisher Summary This chapter presents a critical survey and an interpretation of recent
exchange rate research. It focuses on empirical results for exchange rates among major …

We provide a theory of the determination of exchange rates based on capital flows in
imperfect financial markets. Capital flows drive exchange rates by altering the balance …

Undoubtedly one of the highlights of the 1999 Conference was the plenary session in which
Professors David Held and Mahdi Elmandjra came together to discuss the theme of …

The Geography of Money Skip to content Should you have institutional access? Here's how to
get it ... De Gruyter € EUR - Euro £ GBP - Pound $ USD - Dollar EN English Deutsch 0 Subjects …

This comprehensive history, published jointly by the IMF and Oxford University Press, was
written to mark the fiftieth anniversary of international monetary cooperation. From the …

THE EAST ASIAN crisis is only the latest in a series of spectacular economic catastrophes in
developing countries. In the past twenty years at least ten countries have suffered from the …

Our paper assesses progress made by the profession in understanding whether and how
exchange rate intervention works. We review theory and evidence on official intervention …

The Microstructure Approach to Exchange Rates Page 1 The Microstructure Approach to
Exchange Rates MIT Press, forthcoming Richard K. Lyons Haas School of Business, UC …

We report findings from a survey of United States foreign exchange traders. Our results
indicate that:(i) in recent years electronically-brokered transactions have risen substantially …