Interest Rates, Exchange Rates and World Monetary Policy

• Main Author: Floyd, John E. (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 2010.
• Subjects: Statistics.; Econometrics.; Macroeconomics.; International economics.; Economics.; Macroeconomics/Monetary Economics//Financial Economics.; International Economics.; Statistics for Business/Economics/Mathematical Finance/Insurance.

A careful basic theoretical and econometric analysis of the factors determining the real exchange rates of Canada, the U.K., Japan, France and Germany with respect to the United States is conducted. The resulting conclusion is that real exchange rates are almost entirely determined by real factors r...