Exchange rate volatility, trade and capital flows under alternative exchange rate regimes /

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 behaviour of exchange rates is consistent with a rational model. Does that volatility hinder trade? What are financial markets'...

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Bibliographic Details
Main Authors: Sercu, Piet (Author), Uppal, Raman (Author)
Format: eBook
Published: Cambridge : Cambridge University Press, 2000.
Series:Japan-U.S. Center UFJ Bank monographs on international financial markets.
Online Access:CONNECT