Taylor Rule Based Model of Exchange Rate with Wealth Effects
Rudan Wang
Broschiertes Buch

Taylor Rule Based Model of Exchange Rate with Wealth Effects

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Currencies, like other financial assets, fluctuate daily and are influenced by a variety of factors. The high volatility and complex nature of exchange rates make them very difficult to model. Since the start of the floating exchange rate era, the puzzle as to how exchange rates are linked to macroeconomic fundamentals has been one of the central challenges confronting international economics. This book provides relevant concepts and frameworks for exchange rate studies and discusses exchange rate studies in several aspects. - Overview the history of the FX market and exchange rate regimes - R...