Efnisyfirlit

• Cover
• Half Title
• Title Page
• Copyright
• Dedication
• Contents
• Foreword
• Preface
• 1. Introduction
• 2. Foreign exchange market efficiency
• Appendix A. Mean of a log-normally distributed variable
• Appendix B. Siegel’s paradox
• Appendix C. Generalised method-of-moments estimators
• Appendix D. Cointegration and the Granger representation theorem
• 3. Purchasing power parity and the real exchange rate
• 4. Exchange rate determination: theories and evidence
• 5. New open-economy macroeconomics
• 6. Currency unions, pegged exchange rates and target zone models
• Appendix A. The method of simulated moments
• 7. Official intervention in the foreign exchange market
• 8. Models of currency crisis and speculative attack
• 9. Foreign exchange market microstructure
• Author index
• Subject index